2-year yields have likely peaked for this cycle and the recent downward trend is probably going to accelerate to the downside as the Fed panics to reverse its policy stance.
It’s important to keep in mind that, historically, falling short-term yields tend to be very positive… pic.twitter.com/SpTrIQ06de
— Otavio (Tavi) Costa (@TaviCosta) August 13, 2024
Gold’s Moment of Truth: Central Banks About to Buy a Ton More Gold
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