Behind the bond chaos lies a deeper pressure — 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 take advantage of GPT search to gather details. Your complete article is drafted by me.
Final month’s U.S. Treasury sell-off despatched shockwaves by way of world finance, overturning standard market knowledge and leaving seasoned traders questioning foundational portfolio methods. As yields spiked violently upward, the supposedly unshakeable bedrock of the monetary system trembled, wiping out months of painstaking good points in simply 5 buying and selling periods, reminding bond traders of the outdated market adage: “earnings accrue slowly, losses come rapidly.”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