5-Year TIPS Rate Skyrockets Above 2%, Nears its Highest Peak Since 2008!
In a striking revelation, the 5-year rate on Treasury Inflation-Protected Securities (TIPS) surpassed a significant benchmark of 2% on Thursday morning. This unusual surge was witnessed following an assorted batch of encouraging U.S data which reassured the market of a robust economy and labor force. Even the series of rate hikes introduced by the Federal […]
“Gold Balances Over $2,000 as US Dollar Weakens Amid Bold Fed Projections”
Gold prices have been fluctuating in a narrow range above $2,000 amid a calm market mood. The precious metal is currently experiencing back-and-forth movements around $2,005 in the early Asian trading session, following a gradual correction from $2,011.90. The US Dollar Index (DXY) is also oscillating below 101.80, despite rising expectations of another interest rate […]