# U.S. stocks, bond yields jump after Trump shock, Mexican peso falls

> US stocks rallied on Wednesday after an overnight sell-off, while Treasury yields jumped on inflation expectations following Donald Trump's surprise election win. The Mexican peso was battered, and the dollar rose broadly, reaching its highest against the yen in nearly four months.

- Date: 2016-11-09 · published 2016-11-09T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/8177-u-s-stocks-bond-yields-jump-after-trump-shock-mexican-peso-falls
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker peso raises the local cost of imported US corn, soybean meal and other feed ingredients for Mexican buyers. A firmer dollar broadly pressures US commodity export prices.

## Read by commodity

- DXY: bullish ▲
- USDMXN: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| DXY | 2016-11-09 | 1 | +1.2% | 3.9 | Describes the broad dollar rally, the yen at a four-month low, a jump in Treasury yields and a peso collapse on 2016-11-09, matching the move's timing and mechanism. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2016-12-14 | [U.S. bond yields, dollar gain, stocks fall after Fed rate hike](https://feedsoft.ai/events/73367-u-s-bond-yields-dollar-gain-stocks-fall-after-fed-rate-hike.md) | +1.6% | +0.9% |
| DXY | 2017-02-09 | [U.S. dollar, bond yields rise after Trump promises tax plan](https://feedsoft.ai/events/72685-u-s-dollar-bond-yields-rise-after-trump-promises-tax-plan.md) | +0.1% | +0.7% |
| DXY | 2023-10-12 | [Dollar, yields rise, stocks fall after US consumer price data By Reuters](https://feedsoft.ai/events/33818-dollar-yields-rise-stocks-fall-after-us-consumer-price-data-by-reuters.md) | +0.9% | -0.6% |
| DXY | 2018-01-25 | [Canadian dollar falls from 4-month high after Trump boosts U.S. dollar \| CBC News](https://feedsoft.ai/events/67200-canadian-dollar-falls-from-4-month-high-after-trump-boosts-u-s-dollar-cbc-news.md) | -0.3% | +0.7% |
| DXY | 2018-10-04 | [/-Bond yields surge in U.S. Treasuries sell-off, stocks sink globally \| Reuters](https://feedsoft.ai/events/62716-bond-yields-surge-in-u-s-treasuries-sell-off-stocks-sink-globally-reuters.md) | +0.2% | +1.5% |

## Sources

- business-standard.com: https://www.business-standard.com/article/reuters/u-s-stocks-bond-yields-jump-after-trump-shock-mexican-peso-falls-116111000080_1.html
- reuters.com: https://www.reuters.com/article/business/u-s-stocks-bond-yields-jump-after-trump-shock-mexican-peso-falls-idUSL1N1DA3N5/

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