Gold Research

10-year Treasury yield rockets to 19-year high. Here's what's driving the spike

Treasury yields traded higher on Wednesday as new services and manufacturing sector data increased worry of further Federal Reserve rate hikes. Use the dated…

Treasury yields traded higher on Wednesday as new services and manufacturing sector data increased worry of further Federal Reserve rate hikes.

Gold impact rationale

Rising rate-hike or hawkish expectations increase gold's opportunity cost.

  • Source: CNBC Markets
  • 2026-09-23
  • rates

Topics: gold news, gold price impact, rates

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