CX Daily: Sell-Off in Treasuries Threatens U.S. as Safe Haven

Treasuries /

Cover Story: Sell-off in Treasuries threatens U.S. as safe haven

U.S. Treasuries — long seen as the ultimate safe haven — have come under unprecedented pressure. As bond yields surged to multi-decade highs and the dollar weakened sharply in April, global investors began questioning the safety of the very assets that anchor the financial system.