A pedestrian looks at a stock board in Tokyo on January 4 displaying a graph of the US 10-year Treasury yield. The US government bond market used to be a safe haven for investors. Photo: Bloomberg
Benjamin J. Cohen
Opinion

Opinion

Macroscope by Benjamin J. Cohen

When even US Treasuries are no longer safe havens, market volatility is here to stay

  • Benjamin J. Cohen says the US government bond market is no longer seen as a safe haven for investors. And nor is the euro zone or the Japanese government bond market, while Chinese securities inspire little confidence either

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A pedestrian looks at a stock board in Tokyo on January 4 displaying a graph of the US 10-year Treasury yield. The US government bond market used to be a safe haven for investors. Photo: Bloomberg
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