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Treasury yields are moving higher, so don’t rush to say the bad news is all priced in. Elevated yields mean financing costs are weighing on valuations. Tech stocks are the first to buckle, while gold could benefit. It’s that simple—make your own call. What about on your end?

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GLDXGLDX-0.40%
PAXGPAXG+0.37%
XAUXAU+0.38%


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