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Monday, April 03, 2006

Markets To Watch Today

Gold: Gold after hitting a 25-year high last week continues to rise in this morning's session. Inflation fears seem to be the catalyst in this market. April Gold is trading at 588.50, up 6.70 as of 8:40 am CST.

Copper: It's not just Gold and Silver making new highs, Copper is trading at all-time highs above the $2.50 mark. May Copper is trading at 2.5300, up 6.7 cents as of 8:44 am.

Interest Rates: As the metals rally, Treasuries seem to taking a hit as the yield on the 10-year notes hits its highest point since the Fed starting its run of 14 straight interest rate increases. The June 10 Year Note is trading at 106-025, down 0-10 as of 8:49 am CST.