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Gold Holds Tightest Trading Range in 5 Years as Real Rates Hit 2009 Highs

Gold held tight inside its narrowest trading range since 2018 on Friday, moving barely 0.1% for the week as global stock markets fell hard with bond prices and US politics pushed towards a government shutdown ....

New York , United States , City Of , United Kingdom , Federal Reserve , Markets Insider , House Freedom Caucus , Joe Biden , Democrat White House , New Year , Covid Crash , British Pounds ,

yield: Price concerns drive US 5-yr yield to highest since 2007

The five-year Treasury yield rose as much as 5.5 basis points to 4.5044%, exceeding its 2022 high and climbing to the highest since August 2007. Other Treasury tenors approached their 2023 highs, with the 10-year coming within a basis point of its Aug. 22 peak of 4.36%. ....

Gregory Peters , Federal Reserve , Pgim Fixed Income ,