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OK- so bond yields are are going up (people are selling bonds) anticipating increases in interest rates. Interest rates are going up due to anticipated inflation.
As a result, some stocks that are considered interest rate sensitive (REITs, utilities etc) are being sold off, along with bonds due to interest rate/inflation risks.
How come gold is not going up as the 'traditional' safe haven in times of inflation?
Where is all this bond money and reit/utilities money going? Cash?