Many in the markets remain worried the vulnerabilities that emerged in previous incidents could still reappear in the case of spikes in volatility. — Reuters
A violent US Treasury sell-off, evoking the Covid-era “dash for cash,” has reignited fears of fragility in the world’s biggest bond market.
The US$29-trillion Treasury market had surged in recent weeks as investors dumped stocks for the safety of government bonds in a tariff-fuelled risk-off shift.
