Investors should cut US positions, favour Europe, China, India: Wood

The US Treasury is considered among the world’s top safe-haven assets, as investors usually pile up these American government bonds in times of crisis as part of their shift to safety. The purchases lead to a fall in yields on the US Treasury and the dollar strengthening.

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Dollar rides high on Fed rate-hike bets

The US dollar is experiencing a significant surge, reaching multi-month highs against major currencies like the euro and yen. This strength is fueled by expectations