VaultBags

Daily Vault Briefing

Today
Thursday, November 12, 2026Decision stamped on-chainView transaction
share on Xdownload card

In short

Today the biggest share of the vault's new buying goes to US Treasuries (40%), then the S&P 500 (31%) and gold (29%). US government bonds pay about 4.88% a year right now (the 10-year yield), which the model reads as high. Higher benchmark yields strengthen the income case for Treasuries. On the other side, bonds pay about 2.66% a year above expected inflation (the real yield), which the model reads as high. Gold pays no interest, so higher real yields make it costlier to own.

The detail

US Treasuries lead at 40%, ahead of the S&P 500 at 31% and gold at 29%. The 10-year Treasury yield, what the US government pays to borrow for 10 years, is high at 4.88%, strengthening Treasuries and weighing on stocks. Credit spreads, the extra yield investors demand to lend to riskier companies, are tight at 3.34%, favoring stocks, but have widened 0.23 percentage points over 20 trading days, supporting gold and Treasuries. Real yields, what 10-year inflation-protected Treasuries pay after inflation, are high at 2.66%, weighing strongly on gold, which pays no interest; the mix stays diversified.

Today's buying line

Next decision 00:00 UTC, in about 22 h
Gold GOLD
29%
Real yields 2.66% (high, headwind)
S&P 500 SPYx
31%
Credit spreads 3.34% (tight, risk-on)
US Treasuries USDY
40%
10Y yield 4.88% (strong carry)

Includes the second opinion's capped say (25% of the way, at most 3 points per asset): the model alone chose Gold 30% / S&P 500 29% / Treasuries 41%, and the analyst called 26% / 36% / 38%.

Since Nov 11

Gold

-1 point

S&P 500

+2 points

US Treasuries

-1 point

Every day at midnight UTC the vault reads the market (rates, volatility, inflation, crypto sentiment, gold momentum) and sets these proportions, always within a 23% to 43% band per asset.

What the vault is reading

Green favors that asset, red weighs against it, grey is neutral. These readings explain the decision. They never set it: the proportions come from deterministic, bounded code.
Gold GOLD29%
  • Real yields 2.66% (high, headwind)
  • Breakeven inflation 2.2%
  • Dollar +0.4% (firm, headwind)
  • Gold -1.4% trend
  • Crypto sentiment 28 (defensive bid)
  • Gold 60d trend -11.5%
  • Credit spreads widening, flight to quality
  • Inflation expectations easing (-0.13)
S&P 500 SPYx31%
  • Credit spreads 3.34% (tight, risk-on)
  • Volatility VIX 19.5 (moderate)
  • S&P momentum -3.6% (30d)
  • 10Y yield 4.88%
  • Crypto sentiment 28 (risk-off)
  • S&P 60d trend -2.9%
  • Credit spreads widening (+0.23)
US Treasuries USDY40%
  • 10Y yield 4.88% (strong carry)
  • 10Y-2Y curve +0.25 (positive)
  • Credit spreads 3.34% (calm)
  • Crypto sentiment 28 (defensive bid)

Recent daily lines

GOLDSPYxUSDY
11-12
29/31/40
11-11
30/29/41
11-10
34/26/40
11-09
34/25/41
11-08
34/25/41
11-07
33/25/42
11-06
32/30/38
11-05
34/29/37
11-04
32/29/39
11-03
33/28/39
11-02
28/35/37
11-01
30/34/36
10-31
27/35/38
10-30
28/36/36

Try the model yourself

Set the market conditions and watch what the vault would buy, and why. This runs the same model the vault uses each day, always within the 23-43% band. Nothing is saved or spent; it is the real engine, yours to play with.
2.1%
3.3%
16
2%
0%
2.3%
0%
4.2%
0.2%
50

Today the vault would buy

Gold GOLD29%
out of favor
S&P 500 SPYx40%
favored
US Treasuries USDY31%
neutral

Leans into the S&P 500 (40%) and trims gold (29%), as conditions favor risk assets.

Bounded to 23-43% per asset. Deterministic: the same inputs always give the same result. Not financial advice.