Scott Bessent Says China Won’t ‘Weaponize’ US Treasuries, Citing Risk To RMB And Exports: ‘We Do Buybacks’ – Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), SPDR S&P 500 (ARCA:SPY)
Treasury Secretary Scott Bessent has said that China couldn’t sell U.S. Treasuries to destabilize the financial markets, as it would affect their economy by weakening their currency. What Happened: Bessent, while speaking to Yahoo Finance,… Scott Bessent Says China Won’t ‘Weaponize’ US Treasuries, Citing Risk To RMB And Exports: ‘We Do Buybacks’ – Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), SPDR S&P 500 (ARCA:SPY)