# Stocks slide, dollar gains on hot U.S. inflation data | Reuters

> The dollar rose to a near four-week high against a basket of currencies after hot US inflation data. US Treasury prices fell and short- and intermediate-dated yields reached their highest levels in over a decade.

- Date: 2022-06-10 · published 2022-06-10T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/7711-stocks-slide-dollar-gains-on-hot-u-s-inflation-data-reuters
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Rising Treasury yields and a stronger dollar tighten global financial conditions and make dollar-priced commodities costlier abroad. This generally pressures feed grain and oilseed prices.

## Read by commodity

- DXY: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| DXY | 2022-06-15 | 5 | +2.7% | 4.1 | Dollar rose to a near four-week high after the inflation data as Treasury yields hit decade highs, widening rate differentials in the dollar's favor. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2021-02-26 | [Globals stock slide on inflation fears, dollar gains \| Reuters](https://feedsoft.ai/events/9587-globals-stock-slide-on-inflation-fears-dollar-gains-reuters.md) | +0.7% | +1.9% |
| DXY | 2021-11-11 | [Hot U.S. inflation drives dollar to 2021 peaks \| Reuters](https://feedsoft.ai/events/44245-hot-u-s-inflation-drives-dollar-to-2021-peaks-reuters.md) | +0.8% | +1.2% |
| DXY | 2022-09-13 | [C$ slides by most in 2 months on hot U.S. inflation data](https://feedsoft.ai/events/39820-c-slides-by-most-in-2-months-on-hot-u-s-inflation-data.md) | +1.4% | +3.5% |
| DXY | 2021-11-11 | [Dollar rockets to 16-month highs after hot U.S. inflation; euro sinks \| Reuters](https://feedsoft.ai/events/11949-dollar-rockets-to-16-month-highs-after-hot-u-s-inflation-euro-sinks-reuters.md) | +0.8% | +1.2% |
| DXY | 2022-10-19 | [Dollar gains with Treasury yields, sterling tumbles on hot inflation](https://feedsoft.ai/events/39400-dollar-gains-with-treasury-yields-sterling-tumbles-on-hot-inflation.md) | -0.4% | -3.6% |

## Sources

- reuters.com: https://www.reuters.com/markets/europe/global-markets-wrapup-1-2022-06-10/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.