🚹🔮 US Treasury Secretary Mocks Denmark's Bond Sales

âŹ…ïž Bessent Downplays Significance: In a controversial statement, the US Treasury Secretary downplayed the Danish pension fund's decision to sell bonds, saying that Denmark's investments in US bonds are "insignificant," just like the size of the country itself.

âŹ…ïž No Worry: The Secretary asserted that he is "not worried" about any current sell-offs in the bond market, considering the US market far too large to be affected by the limited actions of European funds.

âŹ…ïž Debunking the News: The Secretary, who yesterday denied any European trend of selling, returned today to confirm that what is happening is merely "small" individual moves that will not shake the foundations of US debt.

📌 Impact of the News: Positive for the dollar's confidence temporarily, but very provocative for the European side; the dismissive remarks about Denmark may push larger European countries to take a tougher stance towards Washington.