The notion that companies such as Apple (NASDAQ:AAPL) and Microsoft (NASDAQ:MSFT) could provide more safety than U.S. government debt in market downturns is both irrational and troubling. In February, inflation didn’t cool down as quickly as expected and the markets began to price in additional rate hikes. My research has shown that, historically, when investors seek out safe havens, they tend to land in one of two places — Treasuries, if they’re looking at bonds, and utilities, if they want to stick it out in stocks.