Kai Ryssdal

Just because it does bear repeating, the economy does not stop when headlines turn elsewhere, you know.

Also, and completely unrelated, we're going to talk a little television on the program today from American Public Media.

This is Marketplace.

In Los Angeles, I'm Colin Risdell.

It is Wednesday.

Today, this one is the 4th of March.

Good as always to have you along, everybody.

There are some things happening in this economy, ours and globally, that make good sense.

Oil, for instance, spiking.

We all know why.

Gold, though off its highs right after the war started, still up a lot.

The U.S.

dollar since Saturday morning very much in demand, which means it's been strengthening relative to other currencies.

All of the above are par for the course when geopolitics goes haywire.

Where things are getting strange, though, where that flight to safety paradigm that we are so very used to seems to be breaking down is in the market for U.S.

treasuries, the safest of safe havens.

You would expect investors to want more of them, just like they want more dollars.

But no.

Marketplace's Justin Ho is on the what the heck is going on here desk for us today.

On Wall Street today, traders did what they do sometimes.