Yield

Treasury yields fell as other Fed officials speaking on Tuesday suggested the U.S. central bank could be near the end of its tightening cycle, helping U.S. equity indexes to rise, with the Nasdaq up about 1% as large-cap growth stocks surged.

The 10YR yield is higher this morning which is lending support to the U.S. dollar index.

Effect on Gold

Changes in yield can influence demand for gold.