Uploaded August 2026 | Updated September 2026, 2 weeks ago
U.S. Treasury yields at 2007 highs raise the opportunity cost of holding gold, but why yields are rising decides where the metal goes next.
Fiona Cincotta, StoneX Senior Market Analyst, explains what is driving the 30-year U.S. Treasury yield to its highest level since 2007 and why the reason behind the move matters more than the level itself.
Renewed tensions between the United States and Iran have lifted crude prices, reviving inflation risk and narrowing the path for Federal Reserve rate cuts. At the same time, large deficits and heavy Treasury issuance are pushing investors to demand more compensation for lending to the U.S. government for 20 to 30 years. The result is pressure on technology and growth stock valuations, and a very different setup for gold depending on whether real rates or the fiscal risk premium is doing the work.
Discover Actionable Insights with the latest Market Outlook Reports: intel.stonex.com/offer?language=en&campaignId=A908C315-DC62-4F35-AC16-870BB71E84D1&utm_source=youtube&utm_medium=social&utm_campaign=sxtv_guest_fiona_cincotta&utm_content=share
00:00 - Crude Lifts the Long End Now
00:30 - Energy Costs Reopen Inflation
00:47 - The Deficit Enters Bond Math
01:23 - Discount Rates Bite Big Tech
02:18 - Gold's Opportunity Cost Rises
03:27 - Why the Reason Matters Most
Like and subscribe for more financial market insights.
#TreasuryYields #Gold #StoneX #FionaCincotta
U.S. Treasury yields at 2007 highs raise the opportunity cost of holding gold, but why yields are rising decides where the metal goes next.
Fiona Cincotta, StoneX Senior Market Analyst, explains what is driving the 30-year U.S. Treasury yield to its highest level since 2007 and why the reason behind the move matters more than the level itself.
Renewed tensions between the United States and Iran have lifted crude prices, reviving inflation risk and narrowing the path for Federal Reserve rate cuts. At the same time, large deficits and heavy Treasury issuance are pushing investors to demand more compensation for lending to the U.S. government for 20 to 30 years. The result is pressure on technology and growth stock valuations, and a very different setup for gold depending on whether real rates or the fiscal risk premium is doing the work.
Discover Actionable Insights with the latest Market Outlook Reports: intel.stonex.com/offer?language=en&campaignId=A908C315-DC62-4F35-AC16-870BB71E84D1&utm_source=youtube&utm_medium=social&utm_campaign=sxtv_guest_fiona_cincotta&utm_content=share
00:00 - Crude Lifts the Long End Now
00:30 - Energy Costs Reopen Inflation
00:47 - The Deficit Enters Bond Math
01:23 - Discount Rates Bite Big Tech
02:18 - Gold's Opportunity Cost Rises
03:27 - Why the Reason Matters Most
Like and subscribe for more financial market insights.
#TreasuryYields #Gold #StoneX #FionaCincotta
