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Will the fire selling of haven assets last?

The surprising weakness of Treasuries alongside the collapse in US equity prices recently seems to have been driven by fire selling, not worries about inflation or debt. However, even if further falls in the stock market mean there are more forced sales, it is hard to see Treasuries struggling for long, with the threat of deflation making them increasingly appealing. Other havens, like TIPS and gold, look more vulnerable.

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