The yield of 10-year Treasuries moved above 4.97%, while the yield of 30-year Treasuries climbed above the key 5.30% level. Bessent’s buybacks did not manage to provide sufficient support to long-dated bonds.It remains to be seen whether higher yields will put material pressure on gold markets as traders may start buying gold in case the situation in bond markets gets out of control.U.S. dollar gained ground against a broad basket of currencies as traders focused on hawkish comments from Fed’s Collins. Stro ...