Expert Insights: The End of Exceptionalism – HSBC

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BondWatch Editorial
Published 9 5 月 2025
comments | 2 min read

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Rethinking Portfolio Strategy Beyond the U.S. Treasury Safe Haven Summary The ‘Investment Monthly’ reported by HSBC Asset Management explores a pivotal transition in global markets. As fiscal and monetary policy uncertainty in the U.S. intensifies, U.S. Treasury bonds—once regarded as the ultimate “safe haven”—are under growing scrutiny. Elevated yields, geopolitical risks, and rising volatility signal...

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