Ray Dalio warns that U.S. Treasurys face risks from $37 trillion debt and money printing. The billionaire investor recommends allocating 10-15% of portfolios to gold as a safer hedge. https://t.co/bXMYx2BsoS ...

RT shαs (@XBT002)📰 Here are some of today's top stories out of EMEA from @TheBlock__ for your perusing pleasure:EXCLUSIVE: @AvailProject has acquired @ArcanaNetwork, a chain abstraction protocol, with all XAR tokens to be swapped for AVAIL at a 4:1 ratio. @Yogita_Khatri5Whale activity drove a 2.5x price spike on @HyperliquidX's XPL pre-launch market, sweeping liquidity and triggering liquidations, which led to auto-deleveraging. The team said there were no technical failures or bad debt, but it will introdu ...

Core Viewpoint - Investors are increasingly shifting towards emerging market bonds as U.S. Treasurys lose their status as a safe haven due to recent tariff announcements by President Trump [1][2]. Group 1: Market Trends - Emerging market local currency bond yields decreased by 13 basis points from April 2 to April 25, while the benchmark 10-year Treasury yield increased by over 7 basis points during the same period [2]. - There is a notable increase in demand for bonds from countries like Mexico, Brazil, and South Africa, driven by overseas investors purchasing these bonds, which also boosts demand for local currencies [3][4]. - The sell-off in U.S. Treasurys has led to a movement towards alternative safe-haven assets such as Euro bonds and Japanese government bonds, although this is a typical behavior in developed markets [5]. Group 2: Investor Sentiment - Investors are beginning to view emerging markets with a new perspective, as previous assumptions about their performance during a potential U.S. recession are being challenged [6][8]. - Emerging market local currency fixed income is expected to outperform other fixed income assets in a weaker U.S. dollar environment, lower commodity prices, and global rate relief [7]. - The relative underperformance of U.S. risk assets has sparked interest among domestic investors in potential opportunities abroad [9]. Group 3: Investment Strategies - While there is a preference for emerging market local currency bonds, it is still early to determine the exact direction of global investors' bond rotations [10]. - Some investors are not completely exiting U.S. sovereign debt but are instead shifting from long-dated bonds to shorter-duration options like 2-year Treasurys [10][11]. - The recent changes in Treasury yields indicate a potential shift in the perception of U.S. Treasurys as the ultimate safe asset, prompting a reevaluation of asset allocation strategies [11].