Goldman Sachs: Dollar Strengthens Amid U.S.-Iran Conflict

Goldman Sachs reports that the U.S. dollar strengthened during the first month of the U.S.-Iran conflict, leading foreign official institutions to sell U.S. Treasury bonds. According to Odaily, Goldman Sachs strategists noted that these changes appear to coincide with some foreign governments' efforts to support their own currencies and mitigate capital outflows during the conflict. This is likely a temporary pattern and does not indicate a structural shift in demand for U.S. Treasuries.