Reported about 9 hours ago
The US Treasury market, valued at $28.3 trillion, faces questions about its stability in the event of another financial crisis. SEC Chair Gary Gensler emphasizes the importance of implementing reforms to mitigate risks, pointing to potential inflationary pressures from various policies and the market's vulnerability to leverage borrowings and geopolitical shocks. He predicts the market could grow by an additional $7 to $8 trillion in the next four years.
Source: YAHOO