Yields on US treasuries rose noticeably, gold slowed down

The yield on 10-year U.S. government bonds has reached the peak values for 16 years, reports the agency "Prime". Yesterday it added 9 points on the stock market, increasing to 4.36%. This morning this indicator was at the level of 4.34%. The yield on 2-year bonds of the US Treasury Department also rose - to the maximum values of February, rising above 5%.

The growth was stimulated by investors' concerns about the Fed's monetary policy - in particular, the fact that it keeps the key rate at a high level for a long time.

On the background of rising yields on government bonds, gold prices slowed down on Monday evening. During the day they reached $1927.75 per troy ounce. This morning the precious metal was trading at $1924.60, having added 0.09%. American treasuries are traditionally considered by players as an alternative to gold as a reliable asset, but this may be affected by the situation with the U.S. government debt - experts predict a debt crisis in the country.