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.

“The fear is the U.S. is losing its standing as the safe haven,” said George Cipolloni, a fund manager at Penn Mutual Asset Management. “Our bond market is the biggest and most stable in the world, but when you add instability, bad things can happen.”

That could be bad news for consumers in need of a loan — and for President Donald Trump, who had hoped his tariff pause earlier this week would restore confidence in the markets.

  • supersquirrel@sopuli.xyz
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    3 days ago

    I know that my quality of life is likely to tank in the coming years, and if it doesn’t it is because I got lucky where others didn’t, but damn is it hilarious seeing how fucking stupid centrist business bros and tech people are in the U.S. right now, they are JUST NOW realizing the boat is sinking, when only half of the boat is still above the water… it is fucking hilarious honestly and I don’t take joy in this happening, I mean I do, but I am not happy it is happening I am rather so sad that if I don’t laugh about it all I will do is cry.