: When stocks slide, Treasurys are no longer an effective hedge, BIS finds

It’s conventional wisdom that when stock markets swoon, investors flock to the safety of U.S. Treasury securities. That’s not the case anymore, according to a study released on Monday by the Bank for International Settlements.

It’s conventional wisdom that when stock markets swoon, investors flock to the safety of U.S. Treasury securities. That’s not the case anymore, according to a study released on Monday by the Bank for International Settlements.