McGlone says gold may be passing performance baton to T-bonds from four-decade low

Bloomberg strategist Mike McGlone says gold could be passing the performance baton to T-bonds, which may have started an upturn versus gold from about a four-decade low. He notes it was 1987 when the gold/T-bond ratio last recovered from a similar nadir to that reached in 2026.

Detected & updated continuously · Source: Nebula