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[Institution: Funds Are Pouring Into Other Safe-haven Markets Amid Historic Sell-off Of U.S. Treasuries And The U.S. Dollar] Marija Veitmane, A Market Strategist At State Street Global Markets, Pointed Out That The Custody Database Showed That Institutional Investors Increased Their Portfolio Exposure In June, But At The Same Time Significantly Reduced Their Holdings Of U.S. Treasuries And U.S. Dollar Assets. This Is Particularly Striking Because Investors' Holdings In These Two Asset Classes Are At Their Lowest Levels In Many Years. She Also Mentioned That Investors Continue To Question The Traditional Safe-haven Status Of These Two Assets. Neither The Sell-off In U.S. Stocks In The First Quarter, The Growing Concerns About Fiscal Sustainability In The Second Quarter, Nor The Recent Outbreak Of Conflict In The Middle East Have Triggered A Buying Spree For The U.S. Dollar Or U.S. Treasuries. This Trend Of Selling U.S. Treasuries Is In Stark Contrast To The Increase In Holdings Of Japanese And European Bonds
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