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Gold and Treasuries surge as the escalating trade war sends investors fleeing from the stock market

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The movement in bonds versus equity markets Friday was 'a confirmation of all the recent trends,' said Bill Adams of MFS Investment Management.

Safe-haven assets from Treasuries to gold surged Friday amid escalating trade tensions between the US and China. Tensions are likely to continue and add volatility to markets, said Bill Adams of MFS Investment Management. Commodities and oil slid as well. Stocks pared losses into the market close. Read more on Markets Insider. Investors are piling into safe-haven assets once again as the trade tensions between the US and China heat up. Gold surged nearly 2% to $1,537.

Safe-haven assets from Treasuries to gold surged Friday amid escalating trade tensions between the US and China. Tensions are likely to continue and add volatility to markets, said Bill Adams of MFS Investment Management. Commodities and oil slid as well. Stocks pared losses into the market close. Read more on Markets Insider. Investors are piling into safe-haven assets once again as the trade tensions between the US and China heat up. Gold surged nearly 2% to $1,537.

 

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