For decades, US Treasuries have outperformed gold as a safe investment. However, this trend is shifting due to growing debt concerns. While bonds have traditionally been favored for their steady income and backing by the US economy, recent years have seen declining returns, with the Bloomberg Treasury Total Return Index dropping 11% from its 2020 peak. In contrast, gold, valued as a scarce commodity and inflation hedge, has seen a 15% gain this year, challenging bonds’ status as the ultimate haven.