THE AMERICA ONE NEWS
Jun 1, 2025  |  
0
 | Remer,MN
Sponsor:  QWIKET 
Sponsor:  QWIKET 
Sponsor:  QWIKET: Elevate your fantasy game! Interactive Sports Knowledge.
Sponsor:  QWIKET: Elevate your fantasy game! Interactive Sports Knowledge and Reasoning Support for Fantasy Sports and Betting Enthusiasts.
back  
topic
Zero Hedge
ZeroHedge
4 Apr 2023


NextImg:Gold & Bonds Soar After Weak Jobs, Manufacturing Data; Rate-Cut Odds Soar

Bonds and Bullion are soaring after the ugly JOLTS and weak manufacturing data this morning.

Spot Gold soared back above $2020. The precious metal has only ever been higher than this on seven days in history...

Source: Bloomberg

Treasury yields are plunging...

With 2Y back well below 4.00%...

As rate-hike expectations plummet across the curve with a 25bps hike in May now less than 50% (and year-end rates expected to be 65bps below current levels)...

Around 15-20bps has been cut off of the STIRs curve...

The dollar plunged to its lowest in 2 months...

Stocks are mixed with Nasdaq rebounding but Small Caps (finance heavy) tumbling...

Regional Bank stocks are extending losses...

Will Powell shift his tone?