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Are Real Yields Signaling a Gold Breakout?
Posted
October 11, 2023
Views
757
Likes
13
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1.72%
October 11, 2023
757
13
1.72%
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1:19Now PlayingUS 10Year real yields, which are the nominal yield of the US 10Year minus inflation, traditionally have a strong inverse correlation with the price of gold. However as real yields have climbed to 15year highs in 2023, gold has failed to make the expected downtrend. Is gold’s resistance to this historical headwind signaling a disproportionate rally as those headwinds dissipate? Presented by @cmegroup
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