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● The Fed's statement leaned hawkish with two dissents.
● Rising long-term yields are already tightening conditions.
● All three major indexes finished higher by the close.
● The 30-year yield also rose while the two-year eased.
● Utilities and real estate were the weakest S&P 500 sectors.
● The 10-year yield posted its largest daily gain in a month.
● West Texas Intermediate settled back above $100 a barrel.
● WTI settled at $102.78, back above $100.
● Analysts had expected a small build in stockpiles.
Key Highlights● December gold futures settled lower at $4,051.60 an ounce.● Spot gold held closer to $4,070.● Rising Treasury yields outweighed safe-haven demand.● A weaker dollar offered only limited support.Gold usually shines when geopolitical tensions flare, but rising bond yields and a hawkish Federal …
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