GOLD 0.51% $1,391.7 gold futures

Anyone seen our own shorter term bond yields like the 2Y? Most...

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    Anyone seen our own shorter term bond yields like the 2Y? Most initial glances will think it's a new dog coin or some space!

    The US 2Y v 10Y is starting to flatten, at this rate it will start inverting. Go back to 2019 when that inversion went below zero, was the pandemic the excuse or the pin? We already had multiple QT rate rises at the time. This time around the taper chatter has already got the bond traders dropping their bonds.

    In all time highs equities globally or at the top end, even Bill Ackman has indicated he has started hedging is long only funds. No, he doesn't think much of gold either. Suspect he is buying puts like the pandemic crash.

    My previous post had me not confident of a gold rally on a Friday, another Friday gold smashing like clockwork. In fact if you look at our gold sector, it actually leads rather than react to overnight gold prices on many occasions but I've not done any formal measurements. Damn crypto oxygen thief! Soon the crypto haters will be able to buy a Bitcoin bear fund, ripe currently at their double top.

    I wonder if this is the yield spoke that will finally burst the equity bubble?
 
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