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

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.

 

 

Chart: Bloomberg


    



via Zero Hedge http://feedproxy.google.com/~r/zerohedge/feed/~3/WTaqgL0LqbI/story01.htm Tyler Durden

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