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Rising Bond Yields Are Driving Down Price of Gold

The yield on 10-year bonds exceeded 4.5% per annum – a 16-year high. The demand for them was promoted by: → tough statements from the Fed last week that the high base interest rate will remain as long as necessary. Moreover, Minneapolis Fed President Neel Kashkari said he expects another increase; → concerns related to […] The post Rising Bond Yields Are Driving Down Price of Gold appeared first on Action Forex...
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Posted: Sep 26 2023, 09:31
Author Name: actionforex
Views: 090858