Gate News message: March 31, Bloomberg senior ETF analyst Eric Balchunas said on the X platform that against the backdrop of a decline in the U.S. stock market and lackluster gold performance (the failure of the “zero correlation” between the two caught the market off guard), investors are flooding into U.S. Treasury ETFs in large numbers. In March, U.S. Treasury ETF funds saw net inflows of about $30 billion, more than twice the recent monthly average level, mainly concentrated in ultra-short-term products such as SGOV and BIL. The analyst noted that the market currently seems to have very few “safe-haven assets” to invest in, so the better strategy may be to hold cash and stay patient while waiting and watching. Earlier, a report said that Buffett disclosed that Berkshire Hathaway bought U.S. Treasuries worth $17 billion this week.
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