safe-haven demand
Global demand for safe-haven assets has increased due to the non-performing loan problems faced by two US banks. Investors are seeking stability in uncertain financial conditions. The issues with these banks have raised concerns about the broader economic implications, prompting a flight to safety among market participants. As a result, traditional safe-haven assets, such as gold and government bonds, are experiencing heightened interest. This trend reflects a growing apprehension regarding the stability of the banking sector and its potential impact on the global economy.
