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Treasury Secretary Yellen defends criticism on rates and government funding

U.S. Treasury Secretary Janet Yellen responded to comments from billionaire Stanley Druckenmiller regarding her handling of low-interest rates.Druckenmiller had criticized Yellen for not taking advantage of low-interest rates, suggesting that she could have issued longer-term bonds at higher yields.Yellen emphasized that the U.S. Treasury has been lengthening the maturity of its portfolio, and the duration of the portfolio is among the longest. YouDruckenmiller's criticism was centered around th... Read More

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Content Topics

Treasury

Secretary

Yellen

Defends

Criticism

Rates

Government

Funding

Forex

Posted: Nov 3 2023, 00:13

Author Name: forexlive

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