# Why the US Treasury could yet cause tremors in the bond and commodity markets

> The article examines possible market effects of US Treasury Secretary Scott Bessent's appointments of David Zervos and Judy Shelton as advisers. It discusses the Treasury's unsuccessful effort to lower long-term yields through buybacks and short-term bill issuance, and considers the potential for unconventional policy proposals to affect bonds and commodities.

- Date: 2026-11-06 · published 2026-11-06T15:16:10.434Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/84225-why-the-us-treasury-could-yet-cause-tremors-in-the-bond-and-commodity-markets
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Changes in Treasury issuance or interest-rate policy could shift yields and the dollar, changing financing conditions and the relative appeal of dollar-priced commodities. The article describes possible future effects rather than a current supply or demand change.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-05-08 | [How the Fed’s Hold on Rates Is Affecting Stock, Bond, and Commodity Markets \| Investing.com](https://feedsoft.ai/events/24579-how-the-fed-s-hold-on-rates-is-affecting-stock-bond-and-commodity-markets.md) | +0.5% | -0.9% |
| DXY | 2023-06-30 | [Breakouts in US bond markets – a tailwind for the USD](https://feedsoft.ai/events/35677-breakouts-in-us-bond-markets-a-tailwind-for-the-usd.md) | -0.4% | -1.5% |
| DXY | 2017-10-30 | [Why breakouts in the dollar, Treasurys matter for the broader market](https://feedsoft.ai/events/68656-why-breakouts-in-the-dollar-treasurys-matter-for-the-broader-market.md) | -0.2% | -1.6% |
| DXY | 2023-03-23 | [A weaker USD should support commodity markets – ANZ — Octa](https://feedsoft.ai/events/36778-a-weaker-usd-should-support-commodity-markets-anz-octa.md) | -0.7% | -1.1% |
| DXY | 2020-03-02 | [US asset markets: What Fed cuts mean for US Treasuries and the dollar \| articles \| ING THINK](https://feedsoft.ai/events/7151-us-asset-markets-what-fed-cuts-mean-for-us-treasuries-and-the-dollar-articles.md) | -0.8% | +4.0% |

## Sources

- investcentre.co.uk: https://www.investcentre.co.uk/articles/why-us-treasury-could-yet-cause-tremors-bond-and-commodity-markets

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