# FX Daily: Bearish yield curve flattening lifts the dollar

> Hot U.S. inflation for a third consecutive month and hawkish comments from Fed Governor Chris Waller lifted short-dated Treasury yields and flattened the 2–10-year curve. The dollar traded near its year-to-date highs as markets considered the prospect of further rate hikes.

- Date: 2026-11-11 · published 2026-11-11T09:12:50.247Z
- Category: macro · region United States · magnitude medium
- Page: https://feedsoft.ai/events/93302-fx-daily-bearish-yield-curve-flattening-lifts-the-dollar
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A stronger dollar can make dollar-priced agricultural commodities more expensive for overseas buyers, potentially weighing on demand and prices. Higher interest rates may also restrain broader economic activity.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-04-28 | [FX Daily: Dollar boom \| ING THINK](https://feedsoft.ai/events/7376-fx-daily-dollar-boom-ing-think.md) | +0.1% | -0.4% |
| DXY | 2017-09-22 | [‘Great Unwinding’ lifts the dollar](https://feedsoft.ai/events/68881-great-unwinding-lifts-the-dollar.md) | +1.2% | +1.9% |
| DXY | 2021-09-28 | [FX Daily: Dollar getting a lift from the short end \| articles \| ING THINK](https://feedsoft.ai/events/45257-fx-daily-dollar-getting-a-lift-from-the-short-end-articles-ing-think.md) | +0.5% | -0.1% |
| DXY | 2022-11-03 | [Gold dips as hawkish U.S. Fed lifts dollar, yields](https://feedsoft.ai/events/38593-gold-dips-as-hawkish-u-s-fed-lifts-dollar-yields.md) | -1.0% | -4.2% |
| DXY | 2019-03-08 | [FX: Dollar against the low yielders \| articles \| ING THINK](https://feedsoft.ai/events/60268-fx-dollar-against-the-low-yielders-articles-ing-think.md) | -0.6% | -0.5% |

## Sources

- think.ing.com: https://think.ing.com/articles/fx-daily-bearish-yield-curve-flattening-lifts-dollar/

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