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Gold Tops $1350, Bond Yields Plunge, USDJPY Snaps

Courtesy of ZeroHedge. View original post here.

Well that escalated quickly…

Catalysts for this shift include Gary Cohn 'out' as Fed head contender (why would he stay?), more dismal wage data from BLS, spike in jobless claims, Trump Jr. possible public hearing, potential carnage from Irma…

Gold and Yen are bid…

Gold is now testing the spike highs of election day last year…

Bond prices are ripping higher as stocks sink…

10Y TSY yields have a 2.04% handle as the dollar index tumbles to its weakest since Jan 2015…

10Y Yield pushing close to election lows…


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