Is US Debt Still a "Safe Haven"? Investors Grow Wary
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For decades, the U.S. dollar has been the world's primary reserve currency. This means most international trade uses dollars. Because of this, U.S. government debt, like Treasury bonds, is seen as a supremely safe investment.
Investors prize these assets for their stability and ease of trade. This faith persisted even during past global financial crises.
But recent political events are causing some investors to question this long-held belief. The reliability of these classic "safe-haven" assets is now under new scrutiny.