Treasury prices tumble and gold spikes as globe flees U.S. assets
-The ?sell America? trade is in full swing Tuesday morning.
-President Donald Trump?s latest threats around Greenland pushed global investors to shift exposure away from U.S.-centric investments.
-The U.S. dollar index headed for its biggest decline since last April.
Prices for 10-year Treasuries and 30-year Treasuries tumbled, sending
yields spiking.
The ?sell America? trade is in full swing Tuesday morning after
President Donald Trump and European leaders escalated tensions over
Greenland.
U.S. bond prices tumbled, sending yields spiking. The U.S. Dollar Index
, which weighs the greenback against a basket of six foreign currencies,
fell nearly 1% on Tuesday. The euro jumped 0.7% against the dollar.
?This is ?sell America? again within a much broader global risk off,?
Krishna Guha, head of global policy and central banking strategy at
Evercore ISI, wrote in a note to clients.
https://www.cnbc.com/2026/01/20/sell-america-trade-dollar-treasury-gold-us-trump-greenland.html
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Perhaps I should sell my bond funds, that include US treasuries, as
well. They're worth crap, really.
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