Are bonds so expensive that you buy gold? Hedge funds think so
Bloomberg/Ruth Carson and Adam Haigh
“The debate on how low bond yields can go is hotting up as the relentless rally in global fixed-income markets shows no signs of slowing amid increased concern about an economic downturn. That’s sparked a conundrum for macro funds hunting for yield and returns. Enter gold, which has risen 18% this year — well ahead of fellow havens such as the yen, Swiss franc and Treasuries.”
USAGOLD note: Gold – The once and future king of the safe havens. . . . . .
Repost from 8-15-2019
Image courtesy of VisualCapitalist