Gold $GLD vs 10Y Treasury
Gold prices at highs. 10Y US treasury yield at lows.
Inflation expectations is priced at different extremes in them. This spread is interesting to me. I would fade this spread in expectation between these 2 assets.
Short Gold + Short 10Y treasury bonds would work imo.
Need to have ~ beta adjusted equivalent positions.
I have no view on inflation. I have no idea which one is pricing inflation more correctly.