XAUUSD View!!

The recent disinversion of the closely watched two-year, 10-year Treasury yield curve is a sign that an economic downturn is getting closer, a signal that investors shouldn’t dismiss on the belief that things are different this time, according to JPMorgan.

“While inverting the curve sends a warning ~2y in advance of bad times, disinversion has been a more urgent signal, suggesting trouble is only a few months away,” JPMorgan analysts Thomas Salopek and Maggie Zhong said in a recent report.