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The S&P 500 fell to a two-week low on Thursday as a global bond selloff, fueled by higher oil prices and inflation concerns, pushed US Treasury yields to multi-decade highs and overshadowed a rally in software stocks.
(Kitco News) – Gold prices fell sharply this week as early pressure from rising Treasury yields, a stronger U.S. dollar, and renewed Fed rate-hike expectations overwhelmed safe-haven demand, and even Friday’s weak payrolls report couldn’t deliver a sustainable boost.Spot gold kicked off the week trading at $4,277.90…
With Wall Street closing higher, global equities markets delivered mixed performance as elevated oil prices and Treasury yields continue to dampen