Bonds go up, bonds go down. This "news" (from a questionable source) needs more context, otherwise it's just noise in isolation.

> The US Dollar is slipping from the world's reserve currency status

As I always like to remind folks, the US dollar is just one of many currencies that banks keep in reserve. There is no status to lose other than being the one held the most. There are also downsides to being the dominant currency - I'm sure you're aware of those, right?

> - and the US treasury is slipping from the default safe haven for liquid assets.

Based on what?

> The BRICS countries bonds are becoming more attractive as of this month.

Are you buying? I'm not buying Chinese bonds. The US stock market is at all-time highs and more people than ever are buying into safe haven American companies.

You should provide more details and context about the cause and effects, why it matters, and what it means. Just saying "people find XYZ more attractive" isn't compelling.

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brazukadev 26 minutes ago | parent [-]

> The US stock market is at all-time highs

being in an All time high is only better than not being in ATH. With high inflation, it doesn't mean much. It is like Apple every year launching the best iphone ever.

	▲	ericmay 13 minutes ago \| parent [-]
		Sure but the OP suggested that since some instrument was at some price point it implied some other thing such as investors not having confidence in a country such as the United States. On the other hand the US stock market is at all-time highs due to investor confidence in American markets and the American economy. If investors were seriously worried about the American government going insolvent there would be a flight to safety - you could maybe argue that American stocks would be the safest entity to fly toward due to their intrinsic value, but you could also argue that if the US government went insolvent a lot of these stocks would tank. My point is, the OP was just saying stuff without any evidence or even really much personal analysis. > It is like Apple every year launching the best iPhone ever. In many respects that is technically true.