Gold futures surged despite rising Treasury yields. - CME Group

Gold futures surged despite rising Treasury yields. - CME Group

Source: CME Group

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DW NOTE

Gold is inverting: it's rising while the asset it traditionally moves against — Treasuries — also rises. That means investors are buying both safe-haven bonds *and* hard assets simultaneously. It's the portfolio posture of people who think neither government promises nor government paper will hold value.

Read the full story at CME Group →