US Treasury yields are rising, with the 10-year yield hovering between 4.65% and 4.70%, and the 30-year yield reaching approximately 5.20% to 5.28%. This trend is linked to increased federal borrowing through bond issuance. Higher yields translate into increased borrowing costs for households, affecting mortgages, auto loans, and credit card rates. Gold prices could suffer from this context as investors favor interest-bearing assets over non-yielding assets like gold.
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