Ultra-Short Government Bonds Are Rallying On Bank Contagion Fears
March 18, 2023 at 08:00 AM EDT
Yields on short-dated U.S. Treasury bonds fell to their lowest levels in months on increased safe-haven demand. Bank contagion has officially spread to international markets, raising fears that last week’s dramatic failures of U.S. lenders Silicon Valley Bank (SVB) and Signature Bank may be just the start of another global crisis. Shares of Credit Suisse [...] The post Ultra-Short Government Bonds Are Rallying On Bank Contagion Fears appeared first on ETF Trends .