$TRUMP
$XAU
Breaking: 10-year Treasury yields plunge
and the U.S. dollar falls sharply
The dollar index (December futures DXZ6) is down 0.47% at 101.858, retreating from its highest level since April 2025, despite a hotter-than-expected PPI (1.3% monthly and 6.3% annually) and retail sales up 0.8%, as yields tumble: the 10-year yield is at 5.057% (-13.2 basis points), the 30-year at 5.401% (-12.3), and the 2-year at 4.723% (-7.9). Meanwhile, investors are turning to bonds as a safe haven, and comments from Fed officials are reducing bets on an October rate hike.
Index (DXZ6): 101.858 (-0.484, -0.47%), with an intraday range of 101.680 to 102.095. It is about 0.18% above the day's low and around 0.23% below its high.
52-week range: 95.360 to 102.735, putting it about 0.85% below the high and 6.8% above the low, at roughly 88% of the range.
Yields: 2-year 4.723% (-1.65%), 10-year 5.057% (-2.54%), and 30-year 5.401% (-2.23%).
Bonds: U.S. Treasury futures rose 0.8%-1.7%, euro-area Bunds rose 0.8%, and U.K. gilts rose 1.0%, indicating a global rally.
Comparison: The spot index hit an 18-month high after Wednesday's inflation data, then retreated today, according to Reuters.#WarshPushesToScaleBackForwardGuidanceAndDotPlot #EtherTook60%OfCryptoLiquidations #BitcoinAndEtherETFsShed$1.56BInTwoWeeks #BlackRockCryptoAssetsJump63%
$XAU
Breaking: 10-year Treasury yields plunge
and the U.S. dollar falls sharply
The dollar index (December futures DXZ6) is down 0.47% at 101.858, retreating from its highest level since April 2025, despite a hotter-than-expected PPI (1.3% monthly and 6.3% annually) and retail sales up 0.8%, as yields tumble: the 10-year yield is at 5.057% (-13.2 basis points), the 30-year at 5.401% (-12.3), and the 2-year at 4.723% (-7.9). Meanwhile, investors are turning to bonds as a safe haven, and comments from Fed officials are reducing bets on an October rate hike.
Index (DXZ6): 101.858 (-0.484, -0.47%), with an intraday range of 101.680 to 102.095. It is about 0.18% above the day's low and around 0.23% below its high.
52-week range: 95.360 to 102.735, putting it about 0.85% below the high and 6.8% above the low, at roughly 88% of the range.
Yields: 2-year 4.723% (-1.65%), 10-year 5.057% (-2.54%), and 30-year 5.401% (-2.23%).
Bonds: U.S. Treasury futures rose 0.8%-1.7%, euro-area Bunds rose 0.8%, and U.K. gilts rose 1.0%, indicating a global rally.
Comparison: The spot index hit an 18-month high after Wednesday's inflation data, then retreated today, according to Reuters.#WarshPushesToScaleBackForwardGuidanceAndDotPlot #EtherTook60%OfCryptoLiquidations #BitcoinAndEtherETFsShed$1.56BInTwoWeeks #BlackRockCryptoAssetsJump63%