Dollar Pressure Extends

its chance, of the story’s futures

−0.5%on the S&P 500, if it happens

The most likely near-term path is continued pressure on gold as investors price a higher probability of a December Federal Reserve rate hike. The combination of a 5% 10-year Treasury yield, hot CPI data, and a 19-month dollar high keeps real-rate-sensitive assets under strain.

What it moves

Non-Energy Materials−1.2%
Technology−0.8%
10-year Treasury yield▲ up
Market volatility▲ up

Sectors in percent; other series by direction only.

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.

Dollar Pressure Extends

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