Behind the bond chaos lies a deeper stress — between fiscal extra, inflation, and a fragile perception that the US greenback will go sturdy or not. Is gold the reply, or simply one other phantasm?
Disclosure: I exploit GPT search to gather information. Your entire article is drafted by me.
Final month’s U.S. Treasury sell-off despatched shockwaves by way of world finance, overturning typical market knowledge and leaving seasoned buyers questioning foundational portfolio methods. As yields spiked violently upward, the supposedly unshakeable bedrock of the monetary system trembled, wiping out months of painstaking positive aspects in simply 5 buying and selling periods, reminding bond buyers of the outdated market adage: “earnings accrue slowly, losses come rapidly.”
What spooked the world’s deepest and most liquid market? And what does it inform us about the way forward for world finance?
April’s Treasury rout wasn’t simply one other market hiccup. It was a warning shot that calls for our consideration.
https://jinlow.substack.com/p/is-gold-the-only-safe-haven-left