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January 14, 2015

Gold Surges as 30-year U.S. Treasury Yield Drops to Record Low

By Tyler Durden at ZeroHedge 
US equity prices and US Treasury yields are tumbling after the disappointingly narrative-destroying retail sales data for 'gas tax cut'-based December. The Dow is now down almost 600 points from yesterday's highs  At 2.39%, 30Y Yields have never been lower...ever! US stock indices are down 3% year-to-date, testing the lows of the year. Crude is rolling back over, gold is surging, and the USDollar is fading...   
Dow is down almost 600 points in 24 hours...
Stock futures are tumbling...
 30Y Treasury Yields have crashed to new all-time record lows... with a 2.39% handle
 Crude is roiling back over...
and gold is surging...
 Charts: Bloomberg


Courtesy Tyler Durden, founder of ZeorHedge (EconMatters author archive here

The views and opinions expressed herein are the author's own, and do not necessarily reflect those of EconMatters.

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