# Dollar hits 13-1/2 year high, U.S. bond yields gain on Trump stimulus bets

> The dollar rose to a more than 13-1/2 year high against a basket of major currencies on Friday. The 10-year U.S. Treasury yield climbed to 2.339%, near one-year highs, on expectations for Trump's policies, and the yen and euro weakened against the dollar.

- Date: 2016-11-14 · published 2016-11-14T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/8328-dollar-hits-13-1-2-year-high-u-s-bond-yields-gain-on-trump-stimulus-bets
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Higher U.S. yields and a firmer dollar make U.S. agricultural exports less competitive abroad, a bearish factor for feed grain and meal prices.

## Read by commodity

- DXY: bullish ▲
- SOY: bearish ▼
- CORN: bearish ▼
- EURUSD: bearish ▼
- USDJPY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2016-11-16 | [Dollar hits 14-year high as Trump-fuelled bond sell-off resumes](https://feedsoft.ai/events/9131-dollar-hits-14-year-high-as-trump-fuelled-bond-sell-off-resumes.md) | +4.1% | +3.5% |
| SOY | 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) | -2.2% | +0.4% |
| SOY | 2022-05-05 | [Dollar index hits 20-year high, sterling tumbles on dovish BoE](https://feedsoft.ai/events/8318-dollar-index-hits-20-year-high-sterling-tumbles-on-dovish-boe.md) | -1.2% | +3.6% |
| SOY | 2021-05-13 | [Soybeans retreat from 8-1/2-year high as dollar holds gains \| Financial Post](https://feedsoft.ai/events/12368-soybeans-retreat-from-8-1-2-year-high-as-dollar-holds-gains-financial-post.md) | -7.4% | -7.0% |
| SOY | 2016-12-15 | [Dollar, bond yields advance on Fed rate outlook](https://feedsoft.ai/events/6462-dollar-bond-yields-advance-on-fed-rate-outlook.md) | -1.7% | +1.8% |
| CORN | 2016-11-16 | [Dollar hits 14-year high as Trump-fuelled bond sell-off resumes](https://feedsoft.ai/events/9131-dollar-hits-14-year-high-as-trump-fuelled-bond-sell-off-resumes.md) | +2.5% | +3.3% |
| CORN | 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) | -2.5% | -0.4% |
| CORN | 2022-05-05 | [Dollar index hits 20-year high, sterling tumbles on dovish BoE](https://feedsoft.ai/events/8318-dollar-index-hits-20-year-high-sterling-tumbles-on-dovish-boe.md) | +6.2% | +0.4% |

## Sources

- reuters.com: https://www.reuters.com/article/global-markets-idUSL4N1DJ037/?feedName=usDollarRpt&feedType=RSS
- thefiscaltimes.com: https://www.thefiscaltimes.com/latestnews/2016/11/14/Surging-US-bond-yields-lift-dollar-11-month-high

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