Kai Ryssdal

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.

When things go haywire, they're going to ignore anything that's not right in front of their noses.

We will have the details when we do the numbers.

Treasury Secretary Scott Besson said today that those tariffs that President Trump announced after the Supreme Court ruling against him a couple of weeks ago, the 10 percent tariffs the president imposed, Besson said today that could go up to 15 percent as soon as this week.

One hesitates to presume the Secretary of the Treasury isn't aware of this, but that tariff bump would be feeding into an economy already dealing with the inflationary pressures that war brings.

And we're going to talk about that and some other stuff with Heather Long.

She's the chief economist at Navy Federal Credit Union, also comes by on Fridays from time to time.