Where are Treasurys heading? Just watch gold

November 25, 2013 at 10:16 AM
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Analysts at Citi say gold is about to enter "phase two" of its bear market, as well as a leading indicator of U.S. Treasury bills. Research from the firm indicates gold has 60-day lead over 10-year treasury yields. "Gold seems to anticipate monetary policy development earlier that USTs," Citi analysts said.