Analysis-Safe-havens and risk assets both rise as banking woes shift Fed expectations

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Reuters UK

By David Randall and Lewis Krauskopf NEW YORK (Reuters) – Worries over the banking crisis are boosting disparate assets, with traditional safe-havens such as gold, Treasuries and money markets seeing high demand along with more speculative instruments such as tech stocks and bitcoin. The unusual cross-currents come as the financial distress that started earlier this month with the collapse of California’s Silicon Valley Bank has spread to Europe, with investors on edge about the health of the financial system even after UBS Group agreed to buy ailing Credit Suisse in a state-backed takeover an…

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