US Treasuries are losing their safe haven status
US Treasuries are losing their safe haven status
by Robin Brooks
"I often hear: US Treasuries are desirable because they're a good risk hedge. No! Think back to March 2020. S&P 500 (orange) was tanking & 10-year yield (white) spiked. It's only thanks to massive Fed QE that yields went back down. US Treasuries are losing their safe haven status."
#Unites States
I often hear: US Treasuries are desirable because they're a good risk hedge. No! Think back to March 2020. S&P 500 (orange) was tanking & 10-year yield (white) spiked. It's only thanks to massive Fed QE that yields went back down. US Treasuries are losing their safe haven status. pic.twitter.com/cGD6dsOi4j
— Robin Brooks (@RobinBrooksIIF) November 7, 2021