Wealth Creation Through Natural Resources
Among other market developments in 2016 we have seen a breakdown in the spread between the 2-year treasury note yield and the 10-year treasury note yield: 2s/10s spread (gold below) The last time that the yield curve flattened significantly (2003-2006) … Continued
The direction of long-term interest rates has a huge impact on many other financial markets and asset classes. After last week’s rate rally the 10-year US Treasury Note yield is attempting to break-out above a 23-month downtrend: 10-year US … Continued
The yield on the 10-year US Treasury note has surged 50 basis points in the past few weeks and in turn gold has fallen nearly $100/oz. The negative correlation between yields and gold has been strong for the last 6 years … Continued