Gold (XAUUSD) Price Forecast: Gold Breaks 50-Day MA Support as Yields Hit 2007 High

Gold Is Losing the Bid as the Rate Trade Gets Bigger
The 10-year Treasury yield reached 5.139% Thursday, the highest since July 2007. The 30-year hit 5.438%, the highest since 2004. The two-year reached 4.897%.
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