{"id":40986,"date":"2025-04-14T22:01:00","date_gmt":"2025-04-15T03:01:00","guid":{"rendered":"https:\/\/ustower.net\/?p=40986"},"modified":"2025-04-14T22:24:17","modified_gmt":"2025-04-15T03:24:17","slug":"former-u-s-treasury-secretary-tariff-policy-calls-into-question-the-reliability-of-u-s-treasury-bonds","status":"publish","type":"post","link":"https:\/\/ustower.net\/?p=40986","title":{"rendered":"Former U.S. Treasury Secretary: Tariff policy calls into question the reliability of U.S. Treasury bonds"},"content":{"rendered":"\n<p class=\"has-medium-font-size\"><strong>Former U.S. Treasury Secretary Janet Yellen said U.S. President Donald Trump&#8217;s administration&#8217;s policy of imposing tariffs calls into question the reliability of government bonds as a pillar of the global financial system.<\/strong><strong><\/strong><\/p>\n\n\n\n<p class=\"has-medium-font-size\">Yellen, who stepped down in January after Trump took office, recalled in an interview with CNBC that from an investor&#8217;s perspective last week, the rise&nbsp;<a href=\"https:\/\/sputniknews.cn\/20250414\/1064970602.html\">in yields on Treasury <\/a>bonds , which have always been &#8220;safe,&#8221; meant a decline in demand.<\/p>\n\n\n\n<p class=\"has-medium-font-size\">The dollar also fell. Earlier, analysts noted that Treasury bonds were beginning to behave like &#8220;risky&#8221; assets that investors sell off during turbulent times.<\/p>\n\n\n\n<p class=\"has-medium-font-size\">Yellen believes this means that &#8220;investors are beginning to shun dollar assets, which calls into question the reliability of U.S. Treasuries, the foundation of the global financial system.&#8221;<\/p>\n\n\n\n<p class=\"has-medium-font-size\">The former Treasury Secretary also stressed that she believes the current situation is not a destruction of the financial system and a depletion of market liquidity, but rather a loss of confidence in US economic policies.<\/p>\n\n\n\n<p class=\"has-medium-font-size\">Yellen, who previously headed the U.S. Federal Reserve System, added that the tariffs created a &#8220;particularly complicated&#8221; situation because the Fed&#8217;s job is to fight inflation, and tariffs will spur inflation.<\/p>\n\n\n\n<p class=\"has-medium-font-size\"><a href=\"https:\/\/sputniknews.cn\/20250415\/1064989976.html\">sputniknews<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Former U.S. Treasury Secretary Janet Yellen said U.S. President Donald Trump&#8217;s administration&#8217;s policy of imposing tariffs calls into question the reliability of government bonds as a pillar of the global financial system. Yellen, who stepped down in January after Trump took office, recalled in an interview with CNBC that from an investor&#8217;s perspective last week, [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":40987,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[32963,3616,4195],"class_list":["post-40986","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics","tag-former-treasury-secretary","tag-tariffs","tag-treasury-bonds"],"_links":{"self":[{"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/posts\/40986","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/ustower.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=40986"}],"version-history":[{"count":1,"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/posts\/40986\/revisions"}],"predecessor-version":[{"id":40988,"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/posts\/40986\/revisions\/40988"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/media\/40987"}],"wp:attachment":[{"href":"https:\/\/ustower.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=40986"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ustower.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=40986"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ustower.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=40986"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}