Yield Fears Are Driving Stocks, And That's Bad for Gold

Traders are pricing in future volatility expectations in the S&P 500 based in large part on movements in 10-year Treasury yields. When the correlation between the VIX and yields has been as high as it is now, stocks wobbled, but gold tended to fare even worse.

This post is available to SentimenTrader members only.

Log into your account

To view this blog post, you'll need to log into your SentimenTrader account.

Login to your account

Don't have an account?

Sign up to get RISK-FREE access to all of our indicators, models, commentary and award-winning research.

If you've never tried the service before, there is no charge for the first 30 days. Then pay as little as $1.59 per trading day for access to our award-winning research.