Why bonds aren’t acting like a safe haven for investors after Israel’s attack in Iran

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The U.S. Treasury market did something unusual on Friday after Israel’s military launched wide-scale attacks against Iran with an aim to limit Tehran’s nuclear-weapons capabilities.

The benchmark 10-year Treasury yield

BX:TMUBMUSD10Y was up 7 basis points to 4.43% on Friday, showing few signs of the more typical moves by investors to add exposure to the haven asset when geopolitical tensions flare up.

This post was originally published on Market Watch

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