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Surging Treasury Yields Threaten Equities While Fueling Bullish Gold Projections

Moneywise Read original source (opens in a new tab)
The Story

News Summary

  • Peter Schiff warns of surging 10-year Treasury yields, predicting a bond bear market that threatens stock valuations and consumer borrowing.
  • While equities face downward pressure from tighter monetary policy and high interest rates, analysts view gold as an essential hedge against rising inflation and government debt.
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XAUUSD price history

4408.90 -4.49% over the displayed period

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