Gold ticks up as U.S. Treasury yields pull back from early highs
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Oil prices ease after Trump rules out Iran attack before midterms Oil prices eased slightly on Thursday after US President Donald Trump ruled out attacking Iran before next month's midterm elections…
Rising yields have spread to mortgage bonds and other debt markets, which in turn deepened the selloff in Treasurys, a cycle that Wall Street sees petering out.
In a post at the end of August 2026, I talked about interest rates in 2026 and marveled at the capacity of equities to keep rising in the face of rising rates.