US 2-year to 5-year Treasury yields all rose at least 10 basis points intraday.
Jin1010/14, 07:38 PM
Market impact
Which way this story pushes each asset. An inference from the story, not a measured move.
USD
Pushes up
DaysMedium confidence
Higher short-to-medium yields tend to increase the relative appeal of USD assets.
Gold
Pushes down
DaysMedium confidence
Higher yields raise the opportunity cost of holding non-yielding Gold.
What could change this
If the yield rise mainly reflects fiscal or term-premium concerns rather than reduced Fed rate-cut expectations, the USD support could be weaker.
Related assets
Coming up for US02Y
Explore next
Jin1010/14, 07:45 PM
The US 10-year Treasury yield rose 10 basis points to 5.318%.