A new episode of Bloomberg Surveillance features BWC Vice Chair Rebecca Patterson discussing the role of Treasuries and the U.S. dollar as a safe haven in light of Middle East tensions and questions around the future of US exceptionalism. With Treasuries rising due to the conflict between Israel and Iran as well as strong auctions and cooling inflation data, yields are falling 1-2 basis points across the curve.

To continue listening at Bloomberg Surveillance, click here.

All views expressed by members are their own and not reflective of the views of the Bretton Woods Committee.