TVC:US10Y   US Government Bonds 10 YR Yield
Why long? Gold going up even when SPX is going up? Why is that?

Look at what Fed is doing driving yields down.

Two types of Fed pumping: bond buying and Fed Repo.

Bond Buying driving yields down forcing investors to chase assets for positive yields across the board, stocks, including Gold .

See here Fed announced bond buying Oct 2019 https://www.flickr.com/photos/186259512@...

All the negative rates countries 11.6 Trillion chasing positive yields including Gold . See here https://www.flickr.com/photos/186259512@...

Fed Repo at records not seen before driving stocks higher, but isn't the main driver for gold , it's yields being suppressed by the Fed.

Fed Repo see here record levels in history https://www.flickr.com/photos/186259512@...

As Bond yields keep getting suppressed by Fed, gold goes higher. Fed is doing this to drive money to flow to stocks, which some of it gets spilled over to Gold .


Comment: Global Negative Yield Debt is helping Gold!

https://www.flickr.com/photos/186259512@...

Comments

Great thinking. I think you are right on the money.
Question if you wished to trade the yield side of 10-year t-note, but could not trade the CFD US10Y, any ideas on an alternate, please?
+1 Reply
marathon99 Matrix008
@Matrix008, I don't trade bond yields. Only way I know is using TLT. As bond yields decrease bond price increases and vice versa.
Reply
From my trading and investing background, we did see gold go up during previous recessions, as well as the 1 year bonds, and of course 'sin stocks".
Reply
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