Rising U.S. Treasury yields are threatening the sustainability of Asia’s AI-driven stock rally, according to analysts. This development creates risks for investor sentiment and could weigh on various asset classes, including gold. Non-yielding assets like gold are losing their appeal as yields rise, putting downward pressure on prices. Market participants are closely monitoring communications from the Federal Reserve and upcoming economic releases from the Bureau of Labor Statistics and the Department of Commerce. Any signs of policy shifts or unexpected economic developments could alter the current outlook for both stock and commodity markets.
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