Nervousness in the technology sector is currently prompting a flight to quality among investors, resulting in a notable drop in yields. To see this downward trend in action, you can refer to the Bloomberg chart tracking the 10 year yield. Because of this shift, we are experiencing a textbook safe haven session in the US Treasury market, a situation that has not occurred in quite a while. At the same time, the recent rise in oil prices is fueling worries about economic growth today, as opposed to generating the typical concerns about inflation.

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