Taiwan central bank says US debt rising too fast may impact trust in Treasuries
Government
Edition: Singapore Indonesia Asia US/UK TAIPEI :Taiwan's central bank governor warned on Saturday that rapidly rising U.S. debt could be "unfavourable" to the outlook for U.S. Treasuries and that U.S. President Donald Trump's trade policies have made investors cautious. Taiwan's $593 billion in foreign exchange reserves are more than 80 per cent made up of U.S. Treasury bonds, according to the central bank, which said earlier this month that Treasuries were "sound" and still favoured by
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