Is Widening Yield Curve Inversion Lifting Gold Prices Up?

Arkadiusz Sieroń
Aug 15, 2019 01:16 PM GMT
(FX EMPIRE)The yield curve inversion just got more pronounced. Not only the spread between 10-year and 3-month Treasuries but now also the spread between 10-year and 2-year turned negative. That sends a warning signal about the state of the real economy. About a recession on the horizon.
Some might argue that the yield curve’s predictive power has diminished with all the unorthodox monetary policies since the Great Recession. Yet, it’s a valid reason to worry – how does gold welcome this message? (for the full article from FXEMPIRE, click the link)