U.S. Treasuries Risk Losing Grip on Safe-Haven Status, IIF Says
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U.S. Treasuries, traditionally a safe haven in rocky times for the global economy, appear to be losing favor while Germany and Japan are still hot picks, according to an analysis by the Institute of International Finance.
The Washington-based IIF said in a report Thursday that the U.S. was one of few countries to see an outflow of foreign investment in government bonds in 2020, alongside Italy and Greece.