# South European bonds sell off as ECB rises up the agenda

> Low-rated southern European sovereign debt led a renewed sell-off across euro zone government bonds on expectations of higher inflation. Investors are also weighing what this could mean for future European Central Bank policy.

- Date: 2016-11-16 · published 2016-11-16T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/9136-south-european-bonds-sell-off-as-ecb-rises-up-the-agenda
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Higher euro-area yields and ECB policy uncertainty can strengthen the dollar against the euro, which tends to weigh on dollar-priced commodities.

## Read by commodity

- DXY: bearish ▼
- EURUSD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2017-09-01 | [South European bonds outperform as strong euro makes investors bolder \| Reuters](https://feedsoft.ai/events/69160-south-european-bonds-outperform-as-strong-euro-makes-investors-bolder-reuters.md) | +1.2% | -0.7% |
| EURUSD | 2026-04-30 | [Euro Rises to $1.17 as ECB Leaves Options Open](https://feedsoft.ai/events/19942-euro-rises-to-1-17-as-ecb-leaves-options-open.md) | +0.5% | -0.4% |
| EURUSD | 2020-05-31 | [The euro rallies as the European Union addresses fiscal flaws \| The National](https://feedsoft.ai/events/53352-the-euro-rallies-as-the-european-union-addresses-fiscal-flaws-the-national.md) | +1.7% | +1.0% |
| EURUSD | 2025-12-22 | [EUR/USD rises as ECB stability outshines US Dollar struggles](https://feedsoft.ai/events/21722-eur-usd-rises-as-ecb-stability-outshines-us-dollar-struggles.md) | +0.3% | -0.1% |
| EURUSD | 2026-07-24 | [ECB holds rates steady: Why is the Euro rising?](https://feedsoft.ai/events/18562-ecb-holds-rates-steady-why-is-the-euro-rising.md) | +1.3% | +2.7% |
| DXY | 2020-05-31 | [The euro rallies as the European Union addresses fiscal flaws \| The National](https://feedsoft.ai/events/53352-the-euro-rallies-as-the-european-union-addresses-fiscal-flaws-the-national.md) | -1.8% | -0.3% |
| DXY | 2025-12-22 | [EUR/USD rises as ECB stability outshines US Dollar struggles](https://feedsoft.ai/events/21722-eur-usd-rises-as-ecb-stability-outshines-us-dollar-struggles.md) | -0.5% | -0.7% |
| DXY | 2025-02-24 | [South Korean Won Rises on Weak US Dollar](https://feedsoft.ai/events/26307-south-korean-won-rises-on-weak-us-dollar.md) | +0.9% | -0.7% |

## Sources

- reuters.com: https://www.reuters.com/article/eurozone-bonds-idUSL8N1DH3E0/?feedName=usDollarRpt&feedType=RSS

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