Investors flow to the assets of safe haven after US President Donald Trump announced a set of mutual definitions last week – some of which look at the Japanese yen and bonds, as well as some other “strange” assets.

“The Japanese yen will be a good candidate – and perhaps the best – to hide from American trade tensions and stagnation, for full reasons of familiar reasons,” said Ibrahim Rahmai, head of the price strategy in absolute strategy research.

He told CNBC via e -mail: “It is cheap, the potential decrease in interest rates in the United States will narrow the difference in the rate to the yen, and although Japan is a prominent source, its general dependence on trade is less now, especially since the financial policy has been loose.”

The yen has strengthened about 3% Against Greenback since April 2, according to data from Lseg. Rahmari added that the Swiss franc is another “clear candidate” as an investment. The francs are more than 3 % to 0.8522 against the US dollar. These moves come with weakening other currencies around the world.

Another strategic expert echoed the opinion that both the Swiss yen and franc are among the best options to alleviate the effect of Trump’s tariff.

“Each of the Japanese yen and the Swiss franc are good currencies to help reduce the visceral reaction to the market to the customs tariff,” said Matt Orton, head of the Consulting Solutions and Market Strategy Company in Raymond Investment Management.

But Orton expects the Swiss franc as a better hedge than the yen, given the uncertainty surrounding the path of the Bank of Japan.

Jeff Ng, head of Asia’s college strategy at Sumitomo Mitsui Banking, said the yen usually excels in times of global recession or crisis. “Even if the world avoids difficult landing, [the yen] “It might do it well and Boj will rise more against a wave of facilitating the central bank,” he said.

However, it has warned that the Japanese economy also faces the opposite winds of Trump’s tariff, especially from the customs tariffs on cars and components. The slowdown economy means that BOJ will be more likely to maintain low rates, making the yen weak.

Rahmari, who was called the real Brazilian as an option, said that the most interesting question is whether there are more “strange” hedges regardless of classic safe havens.

“The idea is that it is cheap, and it has a high pregnancy and that it is relatively less for global trade,” Rehabari said, adding that Real was one of the most prominent performance in currencies this year.

Investors were also accumulating on cash, as well as low -risk -risk -risk -risk income options.

The bond returns also decreased, which reflects the high demand for bonds, as US Treasury’s bonds returned for 10 years by 6 % from April 2 to 3.873 % on Monday.

Government bond returns for 10 years in Japan decreased to 1.05 % less on Monday, a decrease of 28.52 % from April 2, 1.469 %. This is also the slightest return of JGB for 10 years since December 2024.

Jose Torres, senior economists in interactive intermediaries, said that the risk setting dominates the markets as the participants sell stocks for the cabinet, gold bars, jerk futures, crude oil drums, volatility options, property rights index, and expected contracts.

Gold prices rose to a record level in the wake of the declaration of mutual tariffs. Although it has decreased slightly since then, the prices of the estate safe haven are still at high levels. Market monitors expect it to have more space to operate them while global markets remain ready.

“Gold is still strengthening with an escalation of trade uncertainty, increased geopolitical tensions, the weakest US dollar, increased purchases of the central bank, and the high risk of stagnation,” said indicators.

NG of SMBC said that gold is usually a safe haven during the financial crisis, noting that the demand from families and private governments is still flexible. However, he says: “Prices extend in the upward direction.”

Adrian Ash, research manager at Bullionvau, said that the reasons behind the beginning of Gold’s Stellar Att to 2025 are now stronger after Trump announced his definitions.

He said, “The weakest in trade and the high costs of inputs and disgraceful mourners hurt the stock market badly, while geopolitical lack of confidence deepens. This bleak view of economic growth provides an ideal background to achieve more gains in gold.”

American stocks crowned a brutal week for investors last Friday, a decrease of 9.08 %, according to data from FactSet, as Trump’s movements swing more calls about the global economic slowdown. Jpmorgan, for example, The possibilities of the American and global recession raised to 60 % By the end of the year, an increase of 40 % before.

“There is no offer for stocks at the present time,” said Orton of Raymond James Investment Management.