USD bonds as Safe Haven
You can think either
1. Worries over Europe's sovereign debt crisis returned to the Treasury market with a vengeance Monday, sending prices higher as investors sought the familiar safety of U.S. government debt.
CNN Money May 23, 2011.
OR
2. US government debt is a safe haven the way Pearl Harbor was a safe haven in 1941.
Niall Ferguson, FT February 10 2010
1. Worries over Europe's sovereign debt crisis returned to the Treasury market with a vengeance Monday, sending prices higher as investors sought the familiar safety of U.S. government debt.
CNN Money May 23, 2011.
OR
2. US government debt is a safe haven the way Pearl Harbor was a safe haven in 1941.
Niall Ferguson, FT February 10 2010
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