The Capitol building is seen through the American flags in Washington DC on October 20, 2022.
The Capitol building is seen through the American flags in Washington DC on October 20, 2022.
  • 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.