INCREASES IN PRICING FOR US GOVT BONDS/TREASURIES WILL...Cause increased demand for the USD pushing its value higher and higher. Why be in the market which is starting to feel the bite of rates and will fall, when you have the safety of the biggest economy and military power in the world?
A higher USD will impact commodity prices which is clearly showing itself in gold, nickel and copper.
It really is common cents, reality. Even oil with the production restrictions/decreased supply seems to be taking a breather yesterday/today. Measured in USD....