TH: Bonds, Gold, Oil, U.S. Dollar Uncertain Ahead of Jobs Report, FOMC Meeting
The technical charts are difficult to interpret as investors await Friday's employment report and the Dec. 16 meeting of the Federal Reserve's open market committee, when a rate hike may be announced.
The yield on the U.S. Treasury 30-year bond remains below its 200-week simple moving average of 3.14%. Comex gold futures are just above a fresh multi-year low of $1,051.1 set on Nov. 27. Nymex crude oil is trading sideways above $40 a barrel. The euro versus the dollar continues to slip lower.
Here's the weekly chart for the bond exchange-traded fund.