The US Treasury Secretary warns of financial risks in the United States due to global circumstances

The US Treasury Secretary warns of financial risks in the United States due to global circumstances

Although the US financial system is currently adaptable, the current circumstances could cause risks to emerge that endanger the stability of the financial system.

“The current environment is dangerous and volatile for the global economy, including high energy prices and increased fluctuations in financial markets,” Yellain added to the annual meeting of the Federation of Financial Markets and the US Securities Industry in New York, adding that in this environment it is possible to show risks that threaten stability Financial.
“Up until this point, the American financial system has not been a factor in economic unrest. ..

Our system is still adaptable and continues to function well despite the uncertainty” surrounding the global economy as a whole,” while we are continually monitoring the rising concerns.
She stated that trading in US Treasury bonds, which is the largest standard of standard bonds in the world, is increasing, despite its references to the previous pressure waves that the American bonds were exposed to, noting the continuous work to improve the performance of the American bond market.

Yellen also indicated the potential risks that could be caused by increasing loans.
Author: DBA.

The US Treasury Secretary issues a warning about financial risks in the US as a result of international conditions.

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Economics