Central Banks Highlight Geopolitical Tensions as Top Global Risk
A recent survey conducted by Central Banking Publications reveals that central banks managing over $9.5 trillion in reserves now view geopolitical tensions as the primary global risk. The survey, which included responses from nearly 100 institutions, was conducted before the February 28 strikes on Iran but after tensions had already been rising. Geopolitical concerns have overtaken U.S. trade protection as the top worry, with 70% of banks ranking it as their main risk. The survey also indicates a decline in confidence in U.S. bonds and a growing interest in gold as a safe-haven asset amid these uncertainties. 
