Gold futures rally over 3% as Treasury yield surge halts. - CME Group
Gold futures rally over 3% as Treasury yield surge halts. - CME Group
Source: CME Group
―
DW NOTE
The 10-year yield hit 4.71% this week — gold rallied because real rates stayed negative against 3.5% CPI, not because nominal yields paused. Treasury markets repriced the deficit, not the data. Gold is down 14.5% from its January peak because the Hormuz transit resumed in June, not because inflation cooled.