Rising gold price and spiking global yields reflect investor fears about skyrocketing debt levels – Invesco’s Hamilton

(Kitco News) – Investors are beginning to treat gold less as a tactical play and more as a strategic allocation as government debt levels continue to spiral higher, according to Christopher Hamilton, head of client solutions, Asia Pacific at Invesco.In an interview with CNBC on Thursday, Hamilton was asked what he thinks is behind the broad-based selloff in the global bond market.Hamilton pointed to two major factors that are pushing global yields higher.