Hank Paulson warned that US authorities should prepare a back-up plan to avert a potential collapse in demand for Treasuries. The comment points to growing stress in the bond market and heightened concern around Treasury demand and market functioning. While no specific figures were provided, the remarks could reinforce risk-off positioning in rates and sovereign debt markets.
Hank Paulson warned that US authorities should prepare a back-up plan to avert a potential collapse in demand for Treasuries. The comment points to growing stress in the bond market and heightened concern around Treasury demand and market functioning. While no specific figures were provided, the remarks could reinforce risk-off positioning in rates and sovereign debt markets.
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mildly negative
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