Bloomberg Analyst: Investors Pouring Into U.S. Bond ETFs, Cash May Become the "Last Safe Haven"

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ME News, April 1 (UTC+8). Bloomberg senior ETF analyst Eric Balchunas said on X that, against the backdrop of a drop in U.S. equities and lackluster gold performance (with the “zero correlation” assumption failing and surprising the market), investors are flooding into U.S. Treasury ETFs. In March, net inflows into U.S. Treasury ETF funds totaled about $30 billion, more than double the recent monthly average. The inflows are mainly concentrated in ultra-short-term products such as SGOV and BIL, but the market currently seems to have very few “safe-haven assets” suitable for investment; therefore, the better strategy may be to hold cash and stay patient while waiting and watching. Earlier, it was reported that Buffett disclosed that Berkshire Hathaway purchased U.S. Treasuries worth $17 billion this week. (Source: ODAILY)

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