A peak and decline in the 2-year yield, which would precede the next Fed rate cut, should be a major catalyst for Gold.
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A peak and decline in the 2-year yield, which would precede the next Fed rate cut, should be a major catalyst for Gold. Over the next few weeks, stable stock prices and a further rise in Oil could lead to expectations of a tighter Fed. However, over the months ahead, if fears of a recession replace fears of inflation, the Fed could do a quick 180.
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