US Treasury bonds are at risk of losing their haven status should US fiscal stress continue to build, according to
“We worry that if the fiscal scenario continues for a period of time” the Treasury market could stop being a haven,
The remark comes as the US government shutdown over fiscal spending drags on and market participants increasingly sound warnings over the dollar’s fate.
The pension plan, which manages C$731.7 billion ($524.3 billion), invests across several asset classes globally, ...