Gold’s Response to the 10-Year Treasury Yield
Last week the 10-Year Treasury yield rose above 3 percent, calling into question interest rates and the overall market impact. Frank explains how gold performing well, even though other gold traders expect it to be rallying further.
Last week the 10-Year Treasury yield rose above 3 percent, calling into question interest rates and the overall market impact. Kitco News’ Daniela Cambone invited Frank Holmes to its New York studio to chat about how gold might respond. Frank explains how the yellow metal is currently performing well, even though other gold traders expect it to be rallying further.
For the full story, watch the interview below!
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The Consumer Price Index (CPI) is one of the most widely recognized price measures for tracking the price of a market basket of goods and services purchased by individuals. The weights of components are based on consumer spending patterns.
A basis point, or bp, is a common unit of measure for interest rates and other percentages in finance. One basis point is equal to 1/100th of 1%, or 0.01% (0.0001).
Holdings may change daily. Holdings are reported as of the most recent quarter-end. None of the securities mentioned in the interview were held by any accounts managed by U.S. Global Investors as of 0/31/2018.