Gold Is Flashing Inflation, Not North Korea – Wall Street Journal (subscription)

Gold Is Flashing Inflation, Not North Korea
Wall Street Journal (subscription)
Gold loves inflation while Treasury bonds hate it. So why are both having such a smashing year? Prices of the precious yellow metal have moderated a bit in the last few days, but remain near a year-high. The yield on benchmark 10-year U.S. Treasurys …