America’s Bond-Market Privilege Is Disappearing as US Debt Soars

For much of the past few years, US Treasuries have failed to serve their traditional role as a sure-fire refuge from global market meltdowns.

By Ye Xie, Greg Ritchie · Bloomberg Markets

For much of the past few years, US Treasuries have failed to serve their traditional role as a sure-fire refuge from global market meltdowns.