Gold Tops $4,600 as Treasury Yields Stay Near 19-Year Highs
Gold has climbed above $4,600 even as long-term Treasury yields remain near levels not seen in almost two decades. The next test is Wednesday’s July PCE inflation report—and whether rates, the dollar and oil begin confirming gold’s move or pushing against it.
Walmart Falls 9% as High Gas Prices Squeeze Shoppers
Walmart beat earnings and raised guidance, but its 9% plunge exposed a bigger concern: shoppers are pulling back as high gas prices pressure household budgets. With Brent near $94, Treasury yields rising, and a major Iran policy announcement coming Monday, the consumer is becoming one of the market’s most important signals.