Sell gold, buy Treasuries? BI’s McGlone sees risk of reversion in 2026
From kitco.com
After reclaiming the $5,000 level on geopolitical uncertainty, gold is seeing some follow-through buying at the start of a new trading week; however, one market strategist warns investors that the precious metal’s elevated volatility does not bode well for further gains through 2026. In a research note published last week, Mike McGlone, Senior Market Strategist at Bloomberg Intelligence, said that gold, which has significantly outperformed U.S. Treasuries and other commodities, could be approaching its endgame if market conditions start to normalize, adding that the current setup carries potentially deflationary ...
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