Gold price remains pressured for the second consecutive day as the United States Treasury bond yields lick their wounds at the five-month lows marked in the last week. That said, the benchmark US 10-year Treasury bond yields seesaw around 3.378% while the two-year counterpart picks up bids with mild intraday gains of around 3.797%. It’s worth noting that the yields dropped to the lowest levels since September 2022 in the last week as market players rush to bonds and gold amid fears of banking fallouts.
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