TVC:US10Y   Obligations gouvernement américain 10 ans
As the US 10-year yield has retested the 200-MA acting as a resistance, it is now highly likely to continue to move downward. Indeed, despite inflation fears, the current US deficits wouldn't allow significantly higher yields. Therefore, bonds holder are likely to get negative real yields for a long time. In such a setup, owning long-duration bonds seems to be quite risky, while precious metals should benefit from this situation.
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