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The Economic Times

Markets / The Economic Times

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Treasury bonds, dollar remain reliable safe havens in crisis: Peter Cardillo

Global markets opened cautiously as geopolitical tensions escalated, boosting demand for safe-haven assets like the U.S. dollar and Treasury bonds. Oil prices experienced a 'shock trade' due to uncertainty surrounding the Strait of Hormuz, a critical energy chokepoint. India and China face significant challenges, potentially impacting their trade and economic stability.

2 Mar 2026 10:56 am