Analyst: U.S. Treasury Bonds Sold Off, Indicating Investor Confidence Erosion in Traditional Safe-haven Assets

BlockBeats News, April 9th: In the most severe market sell-off in years, safe-haven assets are currently performing flat. With tariff parity taking effect today, US Treasury bonds plunged, and the 10-year Treasury yield reached the highest level since February; the price of gold rose during the day but remains in a downward trend for the week; global stock markets hit a one-year low during this period; the US dollar also weakened.

Although some observers point out that German bunds and currencies like the Japanese yen may become new safe havens, they also face risks in terms of liquidity, their own economic situation, and currency policy prospects.

Pilar Gomez-Bravo, Co-Chief Investment Officer for Global Fixed Income at MFS Investment Management, said: "If you want to protect your capital and achieve a certain level of return, you don't have many assets to choose from." The sell-off of US Treasury bonds is the most obvious example, indicating that investors have lost confidence in common safe-haven assets. (FXStreet)