US EditionYellen sees ‘very worrisome’ pattern in Treasurys sell-off
- Treasury bonds sold off sharply following President Trump’s tariff announcements, causing yields to increase significantly, with the 10-year yield reaching 4.58 percent from less than 3.9 percent in a week.
- This sell-off indicates investor concerns about the U.S. Government's ability to repay debts amid the growing national debt of over $36.22 trillion, as affirmed by Anastassia Fedyk from the University of California Berkeley.
- In response to rising yields, Trump acknowledged market concerns about Treasuries, stating that the bond market is 'very tricky' and citing ongoing uncertainty.
- U.S. Treasury Secretary Scott Bessent stated that the sell-off should not threaten the country's status as a financial safe haven, claiming the Treasury is 'a long way' from needing action.
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Free Malaysia Today NewsYellen says Trump policies eroding trust in US, dollar assets
WASHINGTON (Reuters) - Former U.S. Treasury Secretary Janet Yellen said on Monday she was concerned that President Donald Trump's tariffs and other policies were eroding allies' trust in U.S. commitments, and that some investors were starting to shun U.S. assets.
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Total News Sources19
Leaning Left5Leaning Right2Center5Last UpdatedBias Distribution42% Left, 42% Center
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- 42% of the sources lean Left, 42% of the sources are Center
42% Center
L 42%
C 42%
R 17%
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