Negative 30-year Real Yield as Gold Buy Signal
June 29, 2021 - Economic Indicators, Gold
A subscriber asked for corroboration of an assertion that a negative 30-year U.S. Treasury real yield indicates a good time to buy gold. To investigate, we employ the following monthly data: 30-year U.S. Treasury constant maturity yield (30-year) since February 1977 (the limiting series). Total U.S. consumer price index (CPI) since February 1976. Spot gold… Keep Reading