Thursday, December 31, 2009

Treasuries Prices Falling

As reported by the Wall Street Journal, the surprise drop in unemployment claims has pushed down prices for U.S. Treasuries. The U.S. dollar index has risen in that timeframe, and gold prices have dropped somewhat: as of the time of this post, spot gold's below $1,100 - specifially, at $1,097.80.


That's life in a recovery world, one where we see gold and Treasury prices falling in tandem.

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