BofA’s Hartnett favours commodities and gold as policy intervention limits bond yields - Yahoo Finance UK
BofA’s Hartnett favours commodities and gold as policy intervention limits bond yields - Yahoo Finance UK
Source: Yahoo Finance UK
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DW NOTE
BofA's Hartnett is calling commodities and gold while the 10-year sits at 4.77% and gold has already collapsed 16.7% from its January peak. That's not a tactical shift — it's capitulation dressed as conviction. If policy intervention really limits bond yields, the intervention itself is the trade, not the flight from it.