Institution: The decline in US Treasury yields may signal a major shift in market sentiment

Jinse Finance reported that Justin Low, an analyst at the US financial website investinglive, stated that all perspectives on gold have long been exhausted. There are no signs of a pullback in this round of the rally, and since the beginning of this week, gold prices have soared by more than $300, making the market exceptionally wild. Gold is expected to achieve a full five consecutive trading days of gains throughout the week. During the Asian session, gold prices fluctuated again, once falling back to $4,280. However, buying quickly surged in, pushing gold prices back to around $4,370. Trade tensions remain the focus of ongoing developments this week, but new trends are also emerging in the bond market. Earlier this week, the analyst warned that the market was at a critical turning point, and as trading enters the final day of the week, various signs are beginning to emerge. The yield on the 10-year US Treasury is attempting to break strongly below the 4% mark, which may signal a major shift in market sentiment. Therefore, as we enter the mid-to-late October trading period, it is crucial to be alert to fluctuations in other related assets in the market. (Golden Ten Data)