Are Real Yields Signaling a Gold Breakout?
October 11, 2023
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1:19Now PlayingAre Real Yields Signaling a Gold Breakout?
YouTube Description
as posted by the channelUS 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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