Chelsey Dulaney
Appearances
WSJ What’s News
Bonds Sell Off as New U.S. Tariffs Upend Global Trade
The U.S. treasury market has been the safe haven market for the entire world for a very long time. That's being tested right now. So there is some indication that foreign investors are potentially selling treasuries, taking that money back home, investing them in their home markets.
WSJ What’s News
Bonds Sell Off as New U.S. Tariffs Upend Global Trade
There's also concern about the unwinding of some leveraged hedge fund bets on treasuries, which regulators have been warning about this for quite a long time. There's just a lot of uncertainty around the U.S. economy right now and how the Federal Reserve is going to respond to that. So what we're seeing basically is investors becoming a lot more skeptical of U.S. assets across the board.
WSJ What’s News
Bonds Sell Off as New U.S. Tariffs Upend Global Trade
That includes treasuries, that includes stocks, that includes the dollar.