PANews|Sep 20, 2026 14:02
[U.S. Treasury Secretary Responds to 'Capital Flight' Concerns: U.S. Assets Still Favored by Overseas Funds]
U.S. Treasury Secretary Besent stated in his speech that if the so-called 'capital is fleeing the U.S.' were true, the data would not show strong demand from foreign investors for U.S. assets, nor would U.S. Treasury auctions continue to be highly active. Besent noted that the U.S. dollar accounts for 89.2% of global foreign exchange transactions, and foreign investors still hold a significant amount of U.S. assets. The latest data indicates that U.S. employment continues to grow, corporate investment and capital expenditures are expanding, and equipment investment in the second quarter of 2026 has increased nearly 20% compared to the end of Biden's term. He emphasized that the Treasury's buyback operations aim to enhance market liquidity and optimize debt maturity structures, rather than directly intervening in the over $30 trillion U.S. Treasury market.
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