{
  "id": 16572938,
  "title": "Five defensive assets that do act as a refuge in downturns",
  "url": "https://urgent.news/2026/10/26/cinco-activos-defensivos-que-si-ejercen-de-refugio-en-las-caidas",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-26T07:42:30.000Z",
  "source": {
    "name": "Expansion ES",
    "slug": "expansion-es",
    "url": "https://www.expansion.com/mercados/2026/10/26/6adb56b7468aeb9f228b45ba.html"
  },
  "original_language": "es",
  "account": "Investors are seeking refuge assets amid financial market turmoil, but not all defensive investments are benefiting. Despite the risk aversion, gold and the US dollar are not acting as safe-haven assets, with gold prices dropping below $4,000 per ounce and the dollar weakening. In contrast, debt from countries such as Germany, Japan, and especially the US is seeing increased investment, with US 10-year bond yields falling 17 basis points. The yen and Swiss franc are also gaining value as safe-haven currencies, with UBS predicting further gains for the Swiss franc.",
  "summary": "Risk aversion is accelerating flows towards safe-haven assets, although not all defensive investments are being favoured by the latest turmoil unleashed in the financial markets.",
  "key_points": [
    "Cinco activos defensivos actúan como refugio en caídas del mercado",
    "Inversores cautelosos debido a inestabilidad sectorial",
    "Alemania, Japón y EE. UU. benefician más de la búsqueda de refugio"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}