There is a risk that $US10YR may further breach the 5% rate
The US 10-YR Government Bond Yield is at risk of breaching further to as high as 5% which will then weign in more on the other safer haven yellow precious metal #Gold.
A rising yield for the past years since Covid erupted has brought pressure on both equity markets and Gold was never an excuse for this.
A rising yield for the past years since Covid erupted has brought pressure on both equity markets and Gold was never an excuse for this.