THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
US 10YT SPIKED ABOVE 1% FOR THE FIRST TIME SINCE MARCH AND REAHED TO 1.21% AFTER THE CONGRESS AFFIRMS BIDEN‘S WIN
HIGHER THE 10YT HAVE BOOSTED THE DOLLAR POSITIVELLY AS I MENTIONED YESTARDAY AND TRIGGERED A SELLOFF IN GOLD, INCREASING THE OPPORTUNITY COST OF HOLDING NON INTEREST BEARING GOLD
BUT I EXPECT THE RATE TO REMAIN IN THE 0.7-1.2 RANGE ACCORDING TO MY INTERPRETATION