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Yields hit 14-month high; markets could ‘break’ at this next level – Lobo Tiggre

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The 10-year return climbed to 14-month highs on Thursday at 1.75%, getting rid of the gains in gold price yesterday adhering to the Federal Book's statements.

Lobo Tiggre of The Independent Speculator, said that without return contour control, the 10-year Treasury note could increase to as high as 2%, which would certainly create the markets to "break".

Temporary, gold has even more disadvantage, he said.

0:00 – Gold and returns
9:40 – Inflation as well as CPI
15:33 – Medium-term expectation for gold
17:10 – Uranium

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Yields hit 14-month high; markets could ‘break’ at this next level – Lobo Tiggre

The 10-year yield rose to 14-month highs on Thursday at 1.75%, erasing the gains in gold price yesterday following the Federal Reserve's statements.

Lobo Tiggre of The Independent Speculator, said that without yield curve control, the 10-year Treasury note could rise to as high as 2%, which would cause the markets to "break".

Short-term, gold has more downside, he said.

0:00 - Gold and yields
9:40 - Inflation and CPI
15:33 - Medium-term outlook for gold
17:10 - Uranium

__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.

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Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.