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/ 09:39 AM IST Commodities Pending the US debt ceiling deal, concerns about the pace of the Chinese economic rebound coupled with uncertainty regarding the Federal Reserve's rate outlook, limited the global risk appetite this week.The dollar Index jumped above the 104 level in line with rising US treasury yields as the debt ceiling impasse continued even as the economic and monetary policy outlook remained uncertain.Losses in base metals deepened this week on uncertainty over a decisive recovery in China, the US debt ceiling impasse and hawkish comments from Fed officials.4 trillion debt ceiling.
US 2- and 10-year treasury yields breached the 4.Bullion on a slippery slope COMEX gold slipped to a two-month low of $1,936 per troy ounce and is headed for a third weekly loss, as higher treasury yields outweigh haven bids owing to the US debt crisis.