Published on Zero Hedge (http://www.zerohedge.com)

Home > "Good News" Spikes USD & Bond Yields (But Bullion Bid?)

"Good News" Spikes USD & Bond Yields (But Bullion Bid?)

By Tyler Durden
Created 12/04/2013 - 09:05
Tyler Durden's picture [1]
Submitted by Tyler Durden [1] on 12/04/2013 09:05 -0500



 

Treasury yields are surging on the ADP's Good news this morning with 10Y topping 2.84% - its highest yield in almost 3 months. The USD is surging, stocks are fading; but despite an initial dip... gold is rallying.

 

[3]

 

Chart: Bloomberg

 

- advertisements -

Source URL: http://www.zerohedge.com/news/2013-12-04/good-news-spikes-usd-bonds-yields-bullion-bid

Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/taxonomy_vtn/term/10414
[3] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2013/12/20131204_react.jpg