US Treasury Yields

Absolute growth and relative cyclical outperformance in the US will slow and the yield advantage enjoyed by the dollar will be less sustainable

The recent strength in the dollar has made it cheaper to gain exposure to a rapidly growing region

Analysts cautious as Treasuries fall, key stock-valuation measure hits most overheated level since 2010

Spot gold prices rose 0.5% to $1,252.30 per ounce at 9.53am. The bullion prices rose 0.3% in the previous session, largest intra-day percentage change since 6 June

Carry trades in eight developing-nation currencies tumbled 3.8% over the past 2 days as the yield advantage on emerging-market bonds narrowed to a 16-month low

Emerging equities lose 1% as US Treasury yields rise to new two-year highs; Indonesia’s rupiah sinks to four-year lows