Wealthion · Tuesday, August 4, 2026
Jesse Felder observes that the strong move in gold prices over the past 18-24 months is a leading indicator for other commodities, which in turn lead interest rates. He believes technical indicators have long suggested that the 10-year yield is too low and is likely to break out to the upside.
“So, you know, the strong move in the gold price that we've seen over the last 18 months, two years, is usually a really good leading indicator for the rest of the commodity space, which is a good leading indicator for interest rates, right?”
“So, you know, there are a lot of those kind of technical indicators that have suggested that the tenure yield is too low, it's going to break out to the upside for quite some time now.”