After rallying pretty hard on the ol’ Pavlov’s dogs’ “safe haven” bid, US bonds now have some work ahead of them methinks.
Seems to me there is a lot of alternative safe havens vying for global capital at the moment, including CHF.
Not saying it can’t get through, just it will take a lot of work and I don’t know if the fundamentals will be that forthcoming. Risk reward favors betting against it, imo.
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