Why Safe Haven Assets Like Gold and Bonds Sold Off Amid Iran Conflict
The Wall Street Journal·2026-03-06 17:02
In times of conflict, investors look for safe havens. But some of the usual ones aren't looking so safe at the moment. Here's why.Like oil tankers in the straight of Hormuz, investors seek out safe ports. Usually that's in the form of gold and US government bonds. But that wasn't really the case in the early aftermath of the US strikes on Iran.Through midday Thursday, gold was actually down more than 3% from the prior week. and US Treasury yields have risen each day since the conflict began. That means the ...