[Outlook-in-Five] (TR)UST shaken?

Speaker: Boh Hui Ling, Head of Fixed Income Research, Bank of SingaporeRecent synchronised moves in US assets has received much attention. While US treasuries typically act as a hedge against weak equity markets, we saw positive correlation during the month, with treasuries moving lower together with stocks and dollar.The weakness across US-related assets prompted questions on whether treasuries and the dollar are losing their safe-haven status as investors look elsewhere amid policy uncertainty.For more market insights, go to ⁠⁠⁠Bank of Singapore Insights⁠⁠⁠ to check out our Chief Investment Office's research publications.