Washington: Amid turmoil in global financial markets, the massive sale of US Treasury bonds has raised concerns among experts. Treasury bonds, traditionally the first choice of investors in times of crisis, are losing attraction this time, even as interest rates have reached 4.58%. Penn Mutual fund manager George Cipolloni warned, “America is losing its safe haven image. If the bond market becomes unstable, the global economy will be affected.” This situation is raising questions about the credibility of the US government treasury.

The increase in Treasury yield will increase the burden on ordinary consumers. Brian Rehling of Wells Fargo said, “Higher yield means expensive loans. Home and car loan rates will rise, which may force companies to raise prices or cut jobs.” Trump’s tariff policies and uncertainty have shaken investor confidence. Some experts suspect that big bond holders such as China are selling their stakes, though that is unlikely. “It’s a sign of widespread distrust in the US,” said Sarah Bianchi, an analyst at Evercore ISI. If the trend continues, market volatility could increase, with ramifications ranging from consumers to global trade.