1. The main focus this week remains on changes in US Treasury yields. Market news over the weekend showed that Trump's tax bill failed to pass a House subcommittee due to disagreements between the US Republican Party on cost issues, and Moody's downgraded the US credit rating. This had a significant impact on the market, causing US Treasury yields to rise significantly at the end of Friday's US trading session. This also triggered a rebound in "US Treasury credit," a long-term logic that had previously led to the rise in precious metals. 2. The market will react significantly to this news on Monday, and precious metals, especially gold, as a safe-haven asset, have some room for recovery...
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