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.
US Stock Market: Wall Street indexes hit record highs as oil falls with Strait of Hormuz declared open
Major US stock indices, including the S&P 500 and Nasdaq, closed at record highs Friday, fueled by optimism over Iran’s decision to open the Strait