US 10-Year Yield Tops 5% as Gold Drops 2.5% | Global Economy, Nov 13
Global markets briefing for 13 November 2026: the 10-year yield climbs to 5.134%, gold falls 2.46% and Brazil's inflation print lands ahead of US PPI. The post US 10-Year Yield Tops 5% as Gold Drops 2.5% | Global Economy, Nov 13 appeared first on The Rio Times .
US 10-Year Yield Surpasses 5% as Gold Declines 2.5%: Global Economy Reports for November 13
Wall Street experienced a slight decline following Wednesday's rally, with the S&P 500, Dow, and Nasdaq all showing small losses. Concerns in the bond market led to increased demand for protection, pushing the VIX to 18.7, up 6.92%. The US 10-year Treasury yield reached 5.134%, making future company profits less valuable today. Gold prices dropped 2.46% to $3,881 per ounce, as investors turned to Treasuries offering over 5% interest.
A stronger dollar, showing a 0.23% increase to 103.146, added pressure to dollar-priced assets like gold. The labor market reported strong October payrolls of 165,000, exceeding expectations, while unemployment fell to 4.1%. Traders now anticipate a potential rate hike from the Federal Reserve, explaining the surge in the 10-year yield.
Upcoming economic data to watch include producer prices and Fed officials' statements. Brazil's October IPCA inflation rose 0.14%, just above the central bank's 4.5% tolerance level, while China's social financing is expected to drop in the upcoming auction.
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