Gold breaks out as dollar rally cracks and Treasury futures find buyers - StoneX
Gold breaks out as dollar rally cracks and Treasury futures find buyers - StoneX
Source: StoneX
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DW NOTE
The Treasury yield is at 5.24% and climbing, inflation is running at 3.4% with no clear path down, and the Strait of Hormuz has been functionally closed for three days. Gold isn't breaking out — it's repricing the terminal failure of central banks to control anything but their own credibility.