• US Treasury Secretary Yellen, White House Economic Adviser Bernstein defend US government bonds

Market news

2 August 2023

US Treasury Secretary Yellen, White House Economic Adviser Bernstein defend US government bonds

“Treasury securities remain the world's preeminent safe and liquid asset, and that the American economy is fundamentally strong,” said US Treasury Secretary Janet Yellen on late Wednesday while at an Internal Revenue Service contractor office near Washington, per Reuters.

On the same line, White House (WH) Economic Adviser Jared Bernstein also said that the US Treasury debt remains the safest in the world.

More to come…

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.