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Jim Wyckoff

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U.S. Treasuries see return of strong safe-haven demand

March 23, 2020 by Jim Wyckoff

The U.S. Treasury market has made a dramatic rebound in prices (lower yield) after strong selling pressure recently amid a rush for cash that put pressure on most markets–even safe-haven assets like Treasuries and gold. As the panic in the global marketplace as at least stabilized if not receded, buyers are stepping back into safe-haven assets like gold and Treasuries. Don’t be surprised to see U.S. Treasury bond and note futures hit new for-the-move highs in the near term. Stay tuned! Jim

Filed Under: Blog News, Jim's Morning Report, Uncategorized

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