TechFlow reports that on March 31, Eric Balchunas, Senior ETF Analyst at Bloomberg, stated on X that amid a decline in U.S. equities and lackluster gold performance—conditions under which the “zero correlation” relationship between the two unexpectedly broke down—investors are pouring money into U.S. Treasury ETFs. In March, U.S. Treasury ETFs saw net inflows of approximately $30 billion, more than double the recent monthly average. These inflows were concentrated primarily in ultra-short-term products such as SGOV and BIL. However, with few suitable “safe-haven assets” currently available in the market, a relatively optimal strategy may be to hold cash and patiently wait and watch.
Earlier, Buffett disclosed that Berkshire Hathaway purchased $17 billion worth of U.S. Treasuries this week.
