“we’ve just experienced the largest spread of TLT 10-day realized volatility over SPX in the history of the TLT…18 vols (28 vs. 10). here are the other big spreads.”

https://twitter.com/Alpha_Ex_LLC/status/1714324010698203290

Last time this happened, gold went up from 1130 to 1350 in the next few months. Now with the yields much higher, does gold go up faster or slower?

GL