Bonds Reel as Hot Inflation Fuels Jumbo Fed Hike Fears

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.

• Feb 10, 2022Hot inflation fuels case for 'big-bang' Fed rate hike in March-0.1%
• Oct 14, 2026Dollar hits fresh 18-month high as hot inflation boosts Fed hike expectation-0.3%
• Jun 13, 2022GLOBAL MARKETS-Inflation fears grip markets as bonds, stocks extend selloff+1.0%
• Mar 16, 2022Fed finally moves against inflation with rate hike | Reuters-1.0%
• Apr 28, 2023US dollar firms as inflation data backs Fed hike; yen plunges-0.3%

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.

• Feb 26, 2021Globals stock slide on inflation fears, dollar gains | Reuters-1.5%
• Aug 30, 2024Euro zone bond yields drop as inflation data supports ECB easing hopes0.0%
• May 18, 2026Euro declines as risk aversion, Fed rate hike odds increase-0.2%
• Jun 30, 2022Euro under pressure as inflation fears send investors to dollar haven - Markets - Business Recorder-3.0%
• Oct 28, 2021ECB's Lagarde sees higher inflation; pushes back on rate-hike bets | Reuters-0.1%