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

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Odaily Planet Daily News: Bloomberg senior ETF analyst Eric Balchunas said on X that against the backdrop of a slide in U.S. equities and weak performance in gold (the failure of the “zero correlation” between the two came as a surprise to the market), investors are pouring into U.S. Treasury ETFs in large numbers. In March, U.S. Treasury ETF assets saw net inflows of about $30 billion, more than double the recent monthly average level. The bulk of the flows have been concentrated in ultra-short-term products like SGOV and BIL, but the market currently seems to have few “safe-haven assets” to invest in; therefore, 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 $17.0 billion this week.

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