Intraday Market Thoughts
It's getting real with yields
by
Aug 2, 2021 18:10
Bond yields are falling fast, but the real damage is in REAL yields (yields minus inflation) as these hit an all time low. 10-year Inflation breakevens remain stable between 2.3% and 2.5%, while nominal US 10-year yields sustain a fresh plunge to 1.16% (from 1.45% two weeks ago), causing REAL yields to hit -1.2%, leaving very little alternative competition to the non-yielding gold. Ive explained recently in this video here how the current moves are a strong reason gold will avoid the crash of 2013-14 and in this video why the Fed/USTreasury will ensure keeping real yields down and what it means for the US dollar in this video.
Click To Enlarge

Latest IMTs
-
Breaking Debt Ceiling & Forex Brokers
by Ashraf Laidi | Jun 6, 2025 17:33
-
Recession Metric & Tariff Marsh
by Ashraf Laidi | May 26, 2025 13:47
-
Bitcoin Maths رياضيات بيتكوين
by Ashraf Laidi | May 12, 2025 0:10
-
Gold Correction or Breakdown
by Ashraf Laidi | Apr 25, 2025 14:56
-
Forecaster App التطبيق الذي كنت تنتظره
by Ashraf Laidi | Feb 23, 2025 23:00