Copper/Gold ratio is trying to break above resistance, but gold in itself doesn't look terrible. Should be a good battle to watch over the next week or two. $HG_F $GC_F $GLD $GDX $GDXJ pic.twitter.com/ULKqoQmyv1 — Matthew Timpane, CMT (@mtimpane) October 20, 2020 Today’s Chart of the Day was shared on Twitter by Matthew Timpane (@mtimpane). […]
Chart of the Day – Monday, October 5th, 2020
Things could start getting interesting in fixed income land with 30yr Yield now at the 200-day MA and 10yr Yield inching towards 0.8% pic.twitter.com/CXIKoFL3dB — Andrew Thrasher, CMT (@AndrewThrasher) October 5, 2020 Today’s Chart of the Day was shared on Twitter by Andrew Thrasher (@AndrewThrasher). The chart shows the US 30-year Treasury Yield (top), and […]
Treasury Yields Test Record Lows
Last week, the Federal Reserve cut US interest rates for the first time since the Financial Crisis. The Fed’s decision sparked a bond-market rally and flight to safety which sent yields spiraling lower around the world. Many are viewing the decision as a preemptive tactic by the central bank or an “insurance cut” to support […]