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US Treasury Secretary Bessent said while attending a policy forum in Washington on the 9th that at present, US treasury bonds have climbed to about 41 trillion US dollars. He revealed that the US government is formulating a fiscal consolidation plan to reduce the US government's growing fiscal deficit and reduce the pressure to issue treasury bonds. This plan is expected to be announced after the midterm elections.
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US Treasury Secretary Bessent said while attending a policy forum in Washington on the 9th that at present, US treasury bonds have climbed to about 41 trillion US dollars. He revealed that the US government is formulating a fiscal consolidation plan to reduce the US government's growing fiscal deficit and reduce the pressure to issue treasury bonds. This plan is expected to be announced after the midterm elections.
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