Citigroup Economic Surprise Index vs. 10-Year Treasury Yield

Citigroup Economic Surprise Index vs. 10-Year Treasury Yield This chart shows a good correlation between Citigroup Economic Surprise Index and 10-year Treasury yield. Lower yields ahead? See also “For the Last Few Years, Equity Markets Have Been Leading Bond Markets.” Picture source: Yardeni Research, Inc.

Gold vs. Short-term Treasury Yield

Gold vs. Short-term Treasury Yield This chart shows the correlation between gold and 2-year treasury yield (inverse). Gold rises on slowing global growth and short-term treasury yield inverse. Picture source: Jeroen Blokland