Global Bond Selloff Pushes US 10-Year Yield Toward 5%
📊 DXY — Piyasa Yorumu
▲ up · 60%The global bond selloff and the US 10-year yield approaching 5% create upside risk for the DXY in the short term. Rising yields could support demand for the dollar by strengthening its interest rate advantage. Technical indicators also confirm this outlook: RSI is at 65, and the price is above the 20 and 50-day moving averages. MACD is in positive territory and above the signal line, indicating upward momentum. However, the upside may be limited as the RSI approaches overbought territory and the news may already be priced in.
📊 GLD — Piyasa Yorumu
▼ down · 60%The global bond selloff and the US 10-year yield approaching 5% are negative factors for gold. Rising real yields reduce the appeal of non-yielding gold. Although the RSI at 32 is near oversold territory, the MACD is negative and the price is well above the SMA20/50 (4321 vs ~402), appearing overextended. This divergence increases the risk of a downward correction in the short term. However, the news impact may be limited; I expect downward pressure over the next 1-3 days.