Yield Curve Today
All durations are up in yield with the curve dropping hard. This implies risk is ‘ON’ beneath the market’s jittery psyche.* But it’s just one day’s alignment. It’s also bearish toward gold today, and this has been a trend for a long time now. * By this individual indicator at least. Junk bonds for instance are and have been screaming risk ‘OFF’. Tough market. Subscribe … Continue reading Yield Curve Today