No Mo' Momo - Gold Soars As Stocks & Bond Yields Suddenly Plunge While the catalyst for this sudden move is unclear, the fact is a notable regime shift is underway today in factors as the long-momo-short-value trade is reversing fast as Treasury yields tumble. Is this the start of a September-like reversal As all the insane high-flyers are getting hammered... And that is weighing down the overall market... With 30Y Yields back at their lowest since Sept 2019... A notable break in the correlation between rates and momentum... And Gold continues to surge... Is reality finally setting in? Tyler Durden Thu, 02/20/2020 - 11:22