Gold rises 0.3% as investors weigh Fed path, US debt concerns
Spot gold gained 0.3% to $4,124.50 per ounce by 10:05 a.m. EDT after a two-month low in the prior session.
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Schiff sees 8% Treasury yield, says mortgages could top 10%
Peter Schiff said a structural bond-market bear market could push the 10-year Treasury yield toward 8%, which he said would imply mortgage rates above 10%.