As asset management institutions are more concerned about economic growth and concerns about inflation have declined, the linkage between rising oil prices and treasury bonds has been broken. Although the escalation of the conflict may once again push up oil prices, the collapse of this linkage has increased the attractiveness of bonds. US Treasury bonds are beginning to show more safe-haven properties, making them more attractive to investors who want to hedge against the risk of a weakening economy.

As asset management institutions are more concerned about economic growth and concerns about inflation have declined, the linkage between rising oil prices and treasury bonds has been broken. Although the escalation of the conflict may once again push up oil prices, the collapse of this linkage has increased the attractiveness of bonds. US Treasury bonds are beginning to show more safe-haven properties, making them more attractive to investors who want to hedge against the risk of a weakening economy.