Gold Analysis: Treasury Yields Anchor $4,000 Floor
Gold steadies above $4,000 as softer inflation data lowers yields. See why Fed easing expectations remain the key constraint on rallies.
Gold steadies above $4,000 as softer inflation data lowers yields. See why Fed easing expectations remain the key constraint on rallies.
The US 10-year Treasury note yield dropped 2% to 4.40% as cheaper oil cooled inflation fears.
US Treasury yields surged, pushing USD/JPY to 162.75. With a 67% chance of a September hike, traders watch for MoJ intervention risks.