U.S. Treasury yields edged higher on Friday ahead of October jobs data, while German government bond yields remained lower after reaching multimonth lows. A selloff in technology shares and demand for safe-haven assets helped push German yields down, while the DXY dollar index rose to a one-week high.
The article describes shifts in bond yields and currency markets, with no direct feed-commodity supply or demand change. Higher U.S. yields and a stronger dollar can weigh on dollar-denominated commodities at the margin.
After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.
After 533 past bearish macro events, Euro (USD per EUR) moved a median -0.3% over 5 sessions (33% higher; middle half -1.2% to +0.2%), and -0.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.