美指美债起，黄金落

Group 1 - The US Treasury yields have collectively risen, with the 10-year yield increasing by 3.2 basis points to 4.108%, marking the first consecutive rise since early September and achieving the largest two-day gain in a month [1] - The 30-year yield also rose by 5 basis points to 4.724% [1] - The US dollar index continued its rebound, increasing by 0.4% to 97.347, after initially dropping to a new low of 96.22 since February 2022 following the Federal Reserve's decision [1] Group 2 - The rebound in the US dollar index and Treasury yields has suppressed gold prices, leading to a decline in gold prices, with Shanghai gold closing down 0.41% at 830.56 yuan per gram [2] - According to Guangfa Futures, the market interpreted the Federal Reserve's interest rate decision as neutral, and with the dollar index recovering, there are signs of overbought conditions in precious metals after rapid price increases since September [4] - The outlook suggests that with increasing risks in the US labor market, the dual characteristics of "expectation reinforcement - independence undermined" in the Federal Reserve's policy path will continue to suppress the dollar index and Treasury yields, while geopolitical tensions in Europe and the US will increase institutional demand for gold as a safe haven [4]