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Freak sell-off of ‘safe haven’ US bonds raises fear that confidence in America is fading (apnews.com)

submitted 1 day ago by [email protected] to c/[email protected]

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The upheaval in stocks has been grabbing all the headlines, but there is a bigger problem looming in another corner of the financial markets that rarely gets headlines: Investors are dumping U.S. government bonds.

Normally, investors rush into Treasurys at a whiff of economic chaos but now they are selling them as not even the lure of higher interest payments on the bonds is getting them to buy.

The freak development has experts worried that big banks, funds and traders are losing faith in America as a good place to store their money.

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[–] [email protected] 2 points 11 hours ago

Ya think?!? Oy, msm gonna just keep pretending this is all normal and not a five-alarm dumpster fire.

[–] [email protected] 17 points 1 day ago (1 children)

Confidence in the US is falling? How could that be????????

[–] [email protected] 2 points 15 hours ago

I’ve never come into a comments section and seen my EXACT thoughts on the matter before. Well done, sexy_peach.

[–] [email protected] 7 points 1 day ago

“I solved that problem very quickly. I’m very good at this.”

Imma just go curl up in the corner a whimper a bit, don’t mind me