Reported 4 days ago
In a surprising turn, investors are selling U.S. government bonds, traditionally seen as a safe haven during economic turmoil, raising concerns about diminishing confidence in the American economy. Normally, Treasurys attract buyers during market chaos, but current trends show a significant sell-off, with yields climbing as high as 4.58%. Experts worry this could lead to higher borrowing costs for consumers and signal deeper issues regarding America's stability and attractiveness as a financial shelter.
Source: YAHOO