The market is anticipating a replay of last year’s divergence between the yield spread and gold.
Even though patterns suggested stability through 2026, gold is climbing again as the spread expands—breaking from recent norms.
What’s behind this shift? Fiscal policy.
Spikes in fiscal uncertainty can upend traditional correlations, giving gold room to rise independently of yield spread movements—for a time.
✅@futures
Oro Tech

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3August 25, 2026 4.3K 1