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MacroVoices #318 Bill Blain: Inflation, Bond Yields & ESG

Macro Voices

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Is There More Upsight for Gold?

Gold has been trading sideways for the last three weeks. The fundamentals have all been in place for much higher gold prices and we haven't seen em yet, says Patrick O'Mara. Ten year treasury yield broke a 265 baseess point run-up over the past few days. As bond bonds continue to get hammered here, when does this stop? "It seems like the folks that thought that inflation was going to result in increasing intereststraits got it right"

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