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Global government bond yields edged higher Wednesday ahead of the Federal Reserve’s anticipated quarter-point rate hike, after rising sharply with oil-price gains and the approach to Tuesday’s multi-year highs.
Gold climbed back above $4,300 an ounce on Wednesday, ending a two-session decline as gains in oil prices and bond yields lost momentum ahead of the latest US Federal Reserve policy decision. Oil prices pulled back from multi-month highs after a surprise increase in US crude inventories, although ongoing supply disrupt
The U.S. 10-year Treasury yield broke above 5% on Tuesday, and crude oil stormed past $105 a barrel, a combination that left every major U.S. equity index in the red at midday. President Donald Trump said on Truth Social that “the world’s diesel price rise is mostly caused by the Russia/Ukraine War, not Iran.” West Tex
Iran's IRGC: Tanker Explodes After Hitting Naval Mines In Hormuz Strait - Houthis Attack Saudi Arabia As Gulf-Iran Talks Are Postponed - UK s Burnham Mulls Saudi Support Amid Fears Of Houthi Economic Hit - Pentagon Sees Strategic Inventory Munitions Shortfalls, IG Says - Fed's Table Is Set For A Rate Hike, A First Unde
Goldman Sachs said a September rate increase remains unlikely, citing softer retail sales, weaker employment data and cooling inflation ahead of PCE data and Jackson Hole.