Investors Scoop Up Gold, Treasurys but Snub Dollar - News Summed Up

Investors Scoop Up Gold, Treasurys but Snub Dollar


Investors flocked to the safety of gold and government bonds after North Korea fired a missile over Japan. But the U.S. dollar, once a go-to haven, was again left behind. As the U.S., South Korea and Japan issued sharp responses to North Korea on Tuesday, the price of the 10-year Treasury note rose, sending the yield down to 2.134%, its lowest close of 2017. Gold extended a yearlong rally, hitting $1,313.10 a troy ounce, up 14% for...


Source: Wall Street Journal August 29, 2017 23:26 UTC



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