Energy & precious metals
Three Dimensions for Understanding Gold
Gold reflects short-term rate and risk changes as well as longer-term reserve allocation. Separating these influences is more useful than applying one narrative to every rally.
74 research article
Bonds & credit
What the U.S. Treasury Yield Curve Looks Like Now
The article explains an upward-sloping yield curve, the previous inversion and why the curve is a signal rather than a recession countdown.
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