The Bond Market Is Sending Gold a Debt Warning - Investing.com
The Bond Market Is Sending Gold a Debt Warning - Investing.com
Source: Investing.com
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DW NOTE
The 10-year Treasury is trading near 4.6% while the federal deficit is running 3% ahead of last year's pace — already at $1.4 trillion through nine months. Gold doesn't care about inflation expectations; it cares about the gap between what governments owe and what bond markets will tolerate at survivable yields.