Original post:
U.S. long-dated yields hit all-time lows as virus fears intensify
Author: eZ1dR9rJ6k
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Speculations on Fed’s Policy Outlook Support US Dollar, Pressure Precious Metals
Precious metals declined across the board, pressured by the strength in the US dollar amidst increasing expectations that the Fed might moderate the easing pace on better economic outlook. The market expects the ISM manufacturing index would stay the highest level since April 2011 last month while the August payroll report would show a bigger increase in non-farm payrolls and a slid in the unemployment rate.
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Speculations on Fed’s Policy Outlook Support US Dollar, Pressure Precious Metals