5’s & 30’s
Updated
Keeping the ZIRP thesis alive for now, 30s & 20s remain inverted now 5s could overtake 10s then 30s. Bonds are screaming for sure with inflation still growing m/m, more printing is inevitable to keep the economy going, and printing is how we got here. The next announcement for fed QE expansion, I believe will be the catalyst for golds big move out of the major coil. When there’s nothing left to eat the snake eats it’s own tail.
Note
NIRP*
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