After a gentle disinflationary easing (Goldilocks), the bond market is hinting at an inflationary steepening of the 10yr-2yr yield curve A yield curve can steepen under inflationary or deflationary pressure.…
The macro market backdrop is not likely to go the way trend following market watchers currently anticipate In fact, with patience it could turn out to be like shooting contrary…
10yr-2yr yield curve steepener continues after secondary extreme inversion; gold holds steady Many have questioned why the gold price has failed to do the normal thing (decline significantly) in the…
The 10yr/2yr yield curve has made a higher high to the spring high after making a secondary extreme inversion in July. Our plan is that the secondary inversion was a…
Using three vantage points, the US dollar, the Gold/Silver ratio and the 10yr-2yr Yield Curve, broad markets are indicated to be at an important decision point There sure are a…
The 10yr-2yr yield curve is grinding out a would-be steepener after the secondary extreme inversion The yield curve is pulling back currently as the Wizard has resumed complete control. Jerome…
A short and simple update this morning. The 10yr-2yr yield curve is ticking a new high off of what I believe is secondary extreme inversion to the one from March.…
Yesterday we reviewed still-cautionary signals. Today, let's check out an important one that may be turning positive for gold. Here is the 10yr-2yr yield curve, still inverted within its flattening…
[edit] I am doing some selling, regardless of what USD is doing. If items held start to look suspect in their own right, or do not fit the balance I…
Thanks to Jordan for another opportunity to talk too much (about stocks, gold, commodities and what have you) By the way, I confused myself early on when talking about the…
As the 10yr-2yr yield curve inversion plays out, the time is coming for a turn in fortunes Before proceeding, I'd like to remind you that this article is not written…
USD and gold have both been firm (this morning) against a steepening yield curve It's a deflationary yield curve steepener, as evidenced by both the 10yr and 2yr yields dropping…
A deflationary yield curve steepener is hinted at but not yet activated How do we know that the recent spike is a would-be deflationary yield curve steepener? We know because…
The 10yr-2yr yield curve is spiking impulsively and unlike the steepener into 2021 it ain't inflationary. We know that because nominal Treasury yields are dropping, not rising. If this continues…