Investing

Dollar Death Cross Looms as Trump Gets His Wish

The dollar yen rate is nearing a closely watched death cross after falling 1% Friday, strengthening the case for a trend reversal that favors the stronger yen sought by President Trump, Treasury Secretary Scott Bessent, and the Bank of Japan.

Gold

Gold Shatters the Old Market Rulebook

Gold remains around $4,300 despite a 5.2% Treasury yield, Federal Reserve tightening, and a stronger dollar, signaling that central bank demand, fiscal concerns, and persistent inflation are challenging the metal’s traditional relationship with interest rates.

Investing

Consumers Defy Surging Bond Yields as Economy Keeps Booming

Consumers and employers remain resilient even as the 10 year Treasury yield reaches 5.2%. Strong spending, steady hiring, and accelerating business activity are complicating the Federal Reserve’s inflation fight and increasing the prospect of additional interest rate hikes.