Silver to $39.50: Up 9.4% Past 30 Days
After jobless claims for the week ending July 19 came in at 217,000—4,000 fewer than the prior week and below the 227,000 forecast—Treasury yields ticked higher across the curve.
The benchmark 10-year yield rose to 4.434%, the 2-year to 3.923%, and the 30-year to 4.978%. Investors are weighing these signs of labor-market strength alongside President Trump’s July 24 visit to the Fed—an event not seen in nearly two decades—and renewed optimism about an impending U.S.–EU trade deal following the recent framework with Japan.
