>central banks are the main reason gold is mooningwait what about treasuries?
>>60927342xau is done
>>60927342Not as bad as putting it under your mattress, but close
What about them?
>>60928610why not measure ie 10 year bond price instead of inverted yield? does yield move faster than price?
>>60927342a considerable factor is Russia, one of the major gold producers. they are not selling their production on the open market.
>>60927342>Why yes, I invest in 30 Yr Bondssaid no independent investor ever.
Gold has been mooning because Basel III took effect, now is the dump though as the front running levels off
>>60928673Because yield is a universal across all bonds of all types in all contexts so that is always the default metric. Inverted or not is just to show correlations better. If you have to compare US 10yr vs the 30yr, prices tell you very little but yield tells you everything important in a single number. It becomes even more important when comparing bonds from different issuers and in different currencies.
>>60928610now do UK treasuries
