Market news
02.08.2023, 22:23

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…

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