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Bessent Takes the Helm on US Debt Sales After Blasting Yellen

Summary by Financial Post
(Bloomberg) — After repeatedly blasting Janet Yellen last year over her department’s strategy for issuing federal debt, it’s now up to Scott Bessent to make the call on sales of Treasuries, with bond dealers conflicted over what he’ll do in a pivotal release due Wednesday.

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Financial PostFinancial Post

Bessent Takes the Helm on US Debt Sales After Blasting Yellen

(Bloomberg) — After repeatedly blasting Janet Yellen last year over her department’s strategy for issuing federal debt, it’s now up to Scott Bessent to make the call on sales of Treasuries, with bond dealers conflicted over what he’ll do in a pivotal release due Wednesday.

·Canada
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CoinStats - How To Write Off the US National Debt Using C...

The International Monetary Fund (IMF) has published a report according to which the global public debt will exceed $100 trillion by 2030, which will amount to about 93% of the world GDP. At the same time, about one third ($35 trillion) of the liabilities fall on the United States.Paying Off the US National DebtThe United States is the largest economy in the world, and its debts inevitably extend to everyone who uses fiat currencies. Wherever you…

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Financial Post broke the news in Canada on Monday, February 3, 2025.
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