[Exclusive Article for Futures Market Monitoring Tools] European and American Sessions Focus: US Long-Term Treasury Yields Hit 24-Year High, Commodities Face Drastic Repricing! Saxo Bank points out that increased supply in the Gulf and geopolitical premiums are locked in a fierce battle around the $100 mark, with soaring real yields forcing gold bulls to close positions before reaching $4100, while extreme weather has caused soft commodities to surge against the trend. Ahead of the Fed meeting minutes and the US Treasury auction, how will the bullish and bearish forces shift across various asset classes during the European and American sessions? Click to read.
