Gold Hits All-Time Highs Amid Rising US Treasury Yields, Concerns Federal Reserve
Recent market movements have seen US Treasury yields rise by 10 basis points, while gold prices have remained steady around $2,275. The traditional inverse relationship between gold and 10-year Treasury yields is showing signs of decoupling, with gold reaching all-time highs despite bond market weakness. This divergence is causing concern for the Federal Reserve as trust in fiat currency erodes.
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Polemic Paine
Gold still being ignored as its rally is hard to link to traditional 'toldja so' narratives. Sov Bond yields are high, Usd is not falling, inflation is falling and apparently fiat money doomsters have moved to crypto. Yet still gold is pushing up, making new all time highs https://t.co/o00TPPDJr2
Lawrence McDonald Gold higher with bond yields? https://t.co/23Ff3BmjeA
icebergy ❄️ y is gold up with rates up