Gold bugs cheered, but for how much longer?
The last two weeks have been positive ones, and not just for equities, as gold bugs finally found something to celebrate with a return of some much needed bullish momentum.
10 year bond
Spain Auctions 2.5 Billion in Euro In Long Term Bonds
Spain’s Treasury auction saw solid demand on Thursday sending U.S. futures higher. Spain issued 2.5 billion in Euros or 3.3 billion in U.S. Dollars across 2 and 10 year bonds. Although demand was high – yield ticked higher compare to the last auction in January. Within the secondary market yields for both were slightly below primary sale.