Treasuries are priced mostly on market psychology, not something as tangible as barrels of oil, said Iran's Parliament Speaker.2 min readApr 20, 2026 10:40 AM IST First published on: Apr 20, 2026 at 10:40 AM IST ShareWhatsapptwitterFacebookIran’s parliament speaker Mohammad Bagher Ghalibaf. (File Photo)Iran’s parliament speaker Mohammad Bagher Ghalibaf has raised doubts about the idea that US government bonds are a safe investment during global crises, in a post on X.In the post, Ghalibaf compared investor behaviour in oil and bond markets during tensions in the Strait of Hormuz.“Vibe-trading digital oil is like vibe-hedging in treasuries during Hormuz risk-off. Both share one house of cards that works on paper,” he wrote.Vibe-trading digital oil is like vibe-hedging in treasuries during Hormuz risk-off. Both share one house of cards that works on paper.Difference: oil at least has Dated Brent. Treasuries? Vibes all the way down.EUCRBRDT Index GP