Global Bond Yield Shock Is Draining the Gold Trade

Global bond yields are surging worldwide as energy driven inflation forces markets to price central bank rate hikes instead of cuts. Fiona Cincotta, StoneX Senior Market Analyst, breaks down the move across U.S., European, Australian and Japanese government bond markets and what it means for gold and equities. Renewed Middle East tension has pushed crude sharply higher, and energy costs feed directly into inflation. Markets have repriced the odds of a Federal Reserve hike in September, with the European Central Bank also expected to move, and higher yields lift the opportunity cost of holding gold. Discover Actionable Insights with the latest Market Outlook Reports: https://intel.stonex.com/offer?language=en&campaignId=A908C315-DC62-4F35-AC16-870BB71E84D1&utm_source=youtube&utm_medium=social&utm_campaign=sxtv_guest_fiona_cincotta&utm_content=share 00:00 - Global Bond Yields Are Surging 00:25 - Middle East Risk Lifts Crude 01:14 - Rate Hike Bets Reprice Fast 01:46 - Nowhere for Equities to Hide 02:08 - Gold's Last Line of Defense 02:40 - Bond Market Sets Direction Like and subscribe for more financial market insights. For more market analysis visit https://www.stonex.com/en/insights/?utm_source=youtube&utm_medium=social&utm_campaign=sxtv_guest_fiona_cincotta #Gold #Bonds #StoneX #FionaCincotta