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post: WALLER: PROBABILITY OF A RECESSION SEEMS TO HAVE DISAPPEARED post: Fed’s Waller: 10 Year Treasury Rate Has Risen; That’s Where You See Potential Effects on Tightening Fed’s Waller: Disconnect About How People Think About Speed of Rate Hikes Versus Expected Rate Cuts
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Gold prices hit an all-time high of $2,448.80/oz. on April 12, 2024, on the back of hotter-than-expected NFP, sticky inflation and rising geopolitical risk. These factors attracted inflow of funds as shown by increasing managed money long positions to around two-year high. Despite the pullback towards the end of the month as profit-taking and U.S. dollar ...