Rolling coverage of the World Economic Forum in Davos
Q: Is the US worried that institutional investors in Europe might pull out of the US Treasury market, such as pension funds in Denmark?
Bessent brushes this aside, saying
The size of Denmark’s investment in US Treasury bonds, like Denmark itself, is irrelevant.
It is less than $100 million.
They’ve been selling Treasuries for years. I’m not concerned at all.
Continue reading...
