Gold turns negative as U.S. Treasuries rise after U.S.-Mexico deal

By Renita D. Young and Zandi ShabalalaNEW YORK/LONDON (Reuters) - Gold turned negative on Tuesday as U.S. Treasuries rose after the United States and Mexico struck a trade deal, with analysts saying ongoing U.S.

-China tensions would continue to weigh.U.S. Treasury yields rose across maturities to weekly highs as global trade war fears abated a day after the United States and Mexico reached agreement on an overhaul of the North American Free Trade Agreement (NAFTA)."On the margin it's not much, but real rates rose and that took some of the wind.

This article is no longer available in our repository.

There could be multiple reasons for this.