Categories
Gold

Fed is losing billions

Click here to get this article in PDF

Bloomberg/Enda Curran, Jana Randow, and Jonelle Marte/10-25-2022

“The bond market is enduring its worst selloff in a generation, triggered by high inflation and the aggressive interest-rate hikes that central banks are implementing. Falling bond prices, in turn, mean paper losses on the massive holdings that the Fed and others accumulated during their rescue efforts in recent years.”

USAGOLD note:  Using TLT as an indicator, Treasuries are down by over a third over the past year. Where do these losses end up?

TLT –  Treasury Bond ETF
(%, one year)
line chart showing TLT (Treasuries) performance one year Oct 22
Chart courtesy of TradingView.com

Share

The post Today’s top gold news & opinion first appeared on Today’s top gold news and opinion.