Higher interest rates could potentially help alleviate some of the inventory pressures confronting homebuyers as tight supplies and low mortgage interest rates have spurred significant demand.
Since November, the bears have been coming after stocks with distant cash flows whenever rates have headed higher, owing to the math behind discounting future values to the present.
Gold Price Forecast: On the brink of a significant breakout around Nonfarm Payrolls fxstreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fxstreet.com Daily Mail and Mail on Sunday newspapers.