Bond Market Rejects The Fed: Why The Rules Just Changed For Gold
Bond Market Rejects The Fed: Why The Rules Just Changed For Gold
Kitco News: 7-31-2026
The bond market just delivered a sharp rejection to the Federal Reserve’s latest rate decision, pushing 30-year Treasury yields to 19-year highs as inflation fears persist.
Meanwhile, three top macro strategists—Gareth Soloway, Willem Middelkoop, and Mike McGlone—issue three completely conflicting calls on where gold, bonds, and energy go from here.
In this episode of "This Week in Focus," Senior Anchor Jeremy Szafron breaks down the breakdown in traditional market correlations.
From the World Gold Council's latest Q2 demand report showing central bank buying surging 62% year-over-year to Big Tech's massive earnings divergence and breaking developments in currency markets, we analyze what this means for your portfolio.
00:00 - Cold Open: The Old Market Rules Stopped Working
01:10 - Fed Rate Hold & The 30-Year Treasury Yield Surge
03:30 - Gareth Soloway on Bond Market Signals
06:15 - Willem Middelkoop: The Quiet Monetary Reset & China's Gold
09:45 - Gareth Soloway: The $13,000 Gold Model Target
13:20 - Mike McGlone: Is Gold's Cycle High Already In?
16:50 - WGC Q2 Report: Central Banks Buy 289 Tonnes vs. ETF Outflows
20:15 - Credit Market Stress, KOSPI & Big Tech Earnings Split
23:40 - Soloway's S&P 500 Technical Level Tested
26:15 - Physical Gold & Silver Positioning Strategy
28:10 - Market Scoreboard & What to Watch Next Week