Gold and Treasuries Reverse Negative Correlation with Joint Surge

The Gold SPDR (GLD) and the 20+ Year T-Bond ETF (TLT) have been negatively this month. Notice how TLT advanced from 116 to 123.5 and GLD declined from 161 to 150 the prior 11 days. This negative correlation changed today as both surged higher. TLT is up over 1% and GLD is up over 2%. Gold may be regaining its safe haven status.

120517tlt


Click this image for a live chart.

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