The Treasury Market Drama Driving Gold Prices - CME Group
The Treasury Market Drama Driving Gold Prices - CME Group
Source: CME Group
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DW NOTE
The 10-year is yielding 4.74% with the Strait closed for 133 days and the deficit running $1.4 trillion through June. Either bondholders think the blockade ends tomorrow or they haven't done the arithmetic on what happens when you finance a war economy at these rates with no plan to stop spending.