Yield Curve Today
The 10-5-2 spread is rising with nominal yields reversing to up. A little risk off'y to go with junk bonds, which are quite risk off'y. For reference, here is the…
The 10-5-2 spread is rising with nominal yields reversing to up. A little risk off'y to go with junk bonds, which are quite risk off'y. For reference, here is the…
Here is the big picture view of the 10yr-2yr Treasury yield spread with gold shaded in the background. People who successfully get through this bear market in gold will have…
So the Swiss gold vote caused a sizable ruckus in gold and silver overnight. This morning there is a nearly as sizable recovery in the metals.
The Swiss vote is an important hype component to get behind us and a positive reversal today would be notable, given the already over bearish sentiment profile (cue Citi’s Willem Buiter with a hysterical rant against gold leading in to the Swiss vote).