Gold, silver fall amid rise in USDX, U.S. bond yields
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! Global stock markets were mixed overnight. U.S. stock indexes are mixed at midday. A feature in the marketplace recently has been rising U.S. Treasury yields. The yield on the benchmark U.S. 10-year Treasury note is presently fetching 4.081%. The yield is the highest since last November.
The key outside markets this morning see the U.S. dollar index solidly higher. Nymex crude oil futures prices are near steady and trading around $77.75 a barrel. Oil prices have rallied recently on hopes for better energy demand from China, the world’s second-largest economy, as that nation has abandoned its Covid restrictions.
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