treasurys

“The bond market is often seen as the boring sibling to the stock market,” said Robin Wigglesworth. “I think that's completely wrong. It is the bedrock to the entire financial system.”

Banks hold lots of government bonds, and when their value goes down, it can make lending out money less attractive.

The extra premium that investors require to hold Treasurys over the long-term, known as a “term premium,” has been rising.

The war in the Middle East is pushing up short-term government yields, on expectations that the Fed is increasingly likely to hike interest rates over the next two years.

Stablecoins offer services that are similar to what traditional bank accounts offer. That has some bankers worried that deposits could flow out of the banking system.

The war in the Middle East is pushing up inflation in the short term, but longer-term expectations are tamer. That’s relieved pressure on long-term bonds, though that could change if the war escalates.

The share of U.S. debt held by foreign countries has been shrinking.

On Monday, bond traders weren’t exactly rushing for a safe haven.

Some have stopped buying, others have sold off holdings, but U.S. government bonds are still more attractive than other alternatives.

A selloff of Treasurys would hurt the U.S. economy. But it would hurt the Eurozone, too.