The curve rises again. It has not been a dynamic thing, but longer term yields have been quietly creeping up vs. short term this week.
The curve rises again. It has not been a dynamic thing, but longer term yields have been quietly creeping up vs. short term this week. That is a theoretically supportive direction for the precious metals and as long as overall yields are dropping while the curve rises, a hint toward a mini risk ‘OFF’ urge out there.
10, 5 & 2 year yields from Bloomberg
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