- Crude Oil WTI tests $95.60-$97.73 resistance wall: Live levels
- Gold breaks below $4,200 with RSI at 28.6: Live levels
- Copper tests 200-period SMA at $6.63: Live levels
- Gold drops more than 2% on US rate-hike bets
- Gold extends 2-week slide, drops 4.44% in a week below $4,200 amid strong dollar, high crude
Rising US Treasury yields and market pressure
US Treasury yields climbed to multiyear highs, with the 30-year yield above 5.53% and the 10-year at a 19-year high. Reports cited sticky inflation, heavy bond issuance and rising oil prices, while warning of pressure on US and Indian stocks, valuations and capital inflows.
Friday, 25 September
- Welcome to the New Era of Bond Yields at 5%