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Thursday, March 28, 2024

Gold Spikes As Dollar, Bond Yields Tumble Despite Hawkish-Hiking Fed

Courtesy of ZeroHedge. View original post here.

Stocks shrugged but bonds and the dollar did not… as gold spiked

The dollar is reversing recent gains quickly…

The long-end is legging lower in yield…

So bond yields lower, dollar lower, and gold higher… not exactly what The Fed would likely have wanted!

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