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- US Treasurys have long been the go-to asset when uncertainty, fear, and panic send investors looking for safety.
- But that reputation has take major hits lately amid a historic bond sell-off and rising default fears.
- Financial markets have been engaged in a growing debate over the risks that lurk in Treasurys, with prominent voices raising doubts.
US Treasurys have long been the go-to asset when uncertainty, fear, and full-blown panic send investors looking for safety — but that reputation has take major hits lately.