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News
10-year yields highest since 2023
2+ day, 19+ hour ago (442+ words) Sept 9 (Reuters) - Benchmark 10-year Treasury yields reached their highest levels since 2023 on Wednesday after the announcement of an enlarged Treasury buyback of longer-dated bonds disappointed some investors who had wanted more. After a selloff that pushed 30-year yields to their…...
gold off its lows but largely ignores 2% drop in U.S. existing home sales
2+ day, 22+ hour ago (131+ words) (Kitco News) - The gold market is off its lows but remains under pressure as the U.S. housing market continues to stabilize, with existing-home sales falling to their lowest level since February. Total existing-home sales, including single-family homes, townhomes, condominiums and co-ops,…...
Gold falls to session lows as weekly jobless claims holds steady at 206k
3+ day, 4+ min ago (320+ words) kitco.com Gold falls to session lows as weekly jobless claims holds steady at 206k Kitco NEWS has a diverse team of journalists reporting on the economy, stock markets, commodities, cryptocurrencies, mining and metals with accuracy and objectivity. Our goal is…...
Marginal improvement in CPI may not be enough to stave off September rate hike - Natixis’ Christopher Hodge
3+ day, 18+ hour ago (244+ words) (Kitco News) – Friday’s CPI report will likely show that underlying inflation continues to move in the right direction – but even if it does, if the Fed is disappointed with the speed of progress, the committee could still hike rates at…...
‘Synchronised build-up of physical, futures, and options exposure’ to drive gold price higher - Société Générale
4+ day, 23+ hour ago (825+ words) (Kitco News) – ETFs, futures and options positioning all indicate that gold remains in a broad-based bull market in 2026, with multiple independent demand channels reinforcing one other, according to analysts at Société Générale. "In notional exposure terms (contracts x price x…...
UBS forecasts two US Fed rate hikes in 2026 after strong jobs report
4+ day, 22+ hour ago (125+ words) Sept 7 (Reuters) - UBS expects the Federal Reserve to raise interest rates by 25 basis points each in September and December, after a stronger-than-expected U.S. jobs report reinforced views of a resilient labor market. Citigroup and Macquarie also revised their interest…...
Gold crosses a historic milestone, Fed says 'Yeah, but..."
1+ week, 1+ day ago (722+ words) (Kitco News) - There’s an old saying that if you have to explain why something isn’t important, there is probably a reason people are paying attention to it.That aphorism comes to mind after reading the Federal Reserve’s latest research note…...
Gold claws back from brutal jobs selloff as markets brace for key inflation data
1+ week, 1+ day ago (865+ words) (Kitco News) - Gold bulls are not heading into the long weekend without a fight after stronger-than-expected employment data sparked a brutal selloff Friday morning. The U.S. Labor Department said that 162,000 jobs were created in August, up sharply from economists' expectations for…...
Schroders turns bullish on gold as debt, inflation and currency risks outweigh elevated real yields
1+ week, 3+ day ago (707+ words) (Kitco News) - After taking profits and moving to the sidelines in May, analysts at Schroders announced in late August that they had upgraded their view on gold, re-establishing a position in the precious metal. The London-based asset manager said it…...
Fed IG calls for changes in process governing regional Fed leadership selection
1+ week, 3+ day ago (197+ words) Sept 2 (Reuters) - The Federal Reserve’s in-house watchdog is calling on the central bank to overhaul parts of the process that governs how leaders of the 12 regional central banks and other top staff are selected. The Fed in Washington “has not…...