Today the curve is dropping with nominal yields rising. Implication (taking one singular day as a stand-alone)? Anti-gold and pro-risk 'ON'... among other things. Hey, that's what it says today...…
The 10, 5 and 2 year spreads are aligned with the curve rising and nominal yields declining today. That is theoretically a pro-gold and risk '0FF' alignment. Somebody forgot to…
Yields spreads from 10 to 5 to 2 years are declining, while nominal yields rise. In other words, there is nothing risk OFF'ish about this in the least and liquidity…
The market may be a little jumpy today but whirring beneath the surface here on Fed hype day, the 10 vs. 2 year yield curve is looking risk 'ON' ish. …