US Federal Reserve (FED) Chairman Jerome Powell and expect US employment data to be released later this week for further signals on US interest rate cuts.
Yields on 10-year Treasury notes hit a one-month high and remained high, making non-yielding bullion less attractive.
The market remains very sensitive to any discussion about interest rates or anything related...
The US Dollar experienced significant gains towards the end of last week as the Federal Reserve adjusted its perception of the interest rate trajectory.
The reaction of Treasury yields will play a crucial role in determining the outcome. If they surpass the inflation rates priced in by the market, real yields may increase slightly, potentially leading to a...