The 30-year yield hits 15-year high, pressuring US sustainability significantly. Gold is looking really strong and may soon break out of its triangle pattern.
This is arguably one of the most critical macro developments unfolding today. Even when adjusted for inflation, the 30-year yield has reached its highest level in 15 years. The US cannot sustain this for long, in my opinion. It will need either higher inflation or a… pic.twitter.com/CBshI3xGwd — Otavio (Tavi) Costa (@TaviCosta) January 15, 2025 Gold is looking …