Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
The U.S. Treasuries slumped Wednesday ahead of the 5-year bonds auction. On Tuesday, The Treasuries saw sideway trading as markets took in stride a mixed run of economic data, highlighted by stronger than expected S&P/Case-Shiller home prices and weaker than expected Conference Board consumer confidence data. Despite coming in below expectations, the pullback in confidence was not a particular shocker, given the outsized gains registered in September.
The yield on the benchmark 10-year Treasury note rose 2-1/2 basis points to 1.781 percent, the yield on long-term 30-year Treasury jumped 2 basis points to 2.523 percent and the yield on short-term 2-year note climbed 1 basis point to 0.872 percent by 12:00 GMT.
On Tuesday, The Treasuries saw sideway trading as markets took in stride a mixed run of economic data, highlighted by stronger than expected S&P/Case-Shiller home prices and weaker than expected Conference Board consumer confidence data. Despite coming in below expectations, the pullback in confidence was not a particular shocker, given the outsized gains registered in September.
According to the Conference Board the October US Consumer confidence estimate decreased to 98.6, versus the revised 103.5 reading that occurred in September (prev. 104.1). This comes in below expectations for a 101.0 result. The present situation index decreased to 120.6 in October (from 127.9), alongside a decrease seen in consumer expectations to 83.9 in October, versus the 87.2 reading seen in September.
Additionally, the August S&P CoreLogic Case-Shiller US composite-20 home price index revealed an overall increase of 5.1 percent y/y, following the 5.0 percent y/y increase seen in July, just above market expectations for a 5.0 percent y/y increase.
Markets now look ahead to a relatively light flow of data on Wednesday, highlighted by new home sales and later by a 5-year note auction.
Meanwhile, the S&P 500 Futures traded 7.50 points lower at 2,130.50 by 12:20 GMT.
