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

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ME News message, April 1 (UTC+8). Bloomberg senior ETF analyst Eric Balchunas said on the X platform that against the backdrop of a drop in the U.S. stock market and weak performance in gold (as the market was surprised by the failure of the “zero correlation” relationship), investors are rushing in on a large scale into U.S. Treasury ETFs. In March, U.S. Treasury ETF inflows were net about $30 billion, more than double the recent monthly average level. The flow is mainly concentrated in ultra-short-term products like SGOV and BIL, but the market currently doesn’t seem to have many “defensive assets” suitable for investment, so the better strategy may be to hold cash and stay patient while waiting and watching. Earlier, Buffett disclosed that Berkshire Hathaway bought U.S. Treasuries worth $17 billion this week. (Source: ODAILY)

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