T10y2y suggesting a credit crunch

1月30日

I have been following the spread between these two yields for a while. It seems the trend is reversing and soon we could see it moving to the upside. Guppy emas confirming the close we are to that trend reversing. Unfortunately this conditions leads to pain to financial markets like in the past. And this follow an easing response by the Fed lowering rates. Gold might continue rising.