Reported 3 days ago
In an exclusive interview with Yahoo Finance, US Treasury Secretary Scott Bessent asserted that China has not weaponized its Treasury holdings despite recent volatility in the bond market linked to tariff policies. He emphasized the importance of Treasurys as a safe investment and noted that China's selling of these bonds would not serve its economic interests. Bessent highlighted that while bond yields are rising and signaling potential economic challenges, the concern over China destabilizing the bond market is overstated.
Source: YAHOO