Trump in Davos ahead of speech to world leaders – live

Rolling coverage of the World Economic Forum in Davos, where head of Nato insists Ukraine must be number one issueUS treasury secretary brands Denmark ‘irrelevant’ as Greenland row deepensNervous rex: the Davos elite brace for Trump and his dinosaur diplomacyQ: Is the US worried that institutional investors in Europe might pull out of the US Treasury market, such as pension funds in Denmark?Bessent brushes this aside, sayingThe size of Denmark’s investment in US Treasury bonds, like Denmark itself, is irrelevant.It is less than $100 million.They’ve been selling Treasuries for years. I’m not concerned at all. Continue reading...

Trump in Davos ahead of speech to world leaders – live

Rolling coverage of the World Economic Forum in Davos, where head of Nato insists Ukraine must be number one issue

Q: Is the US worried that institutional investors in Europe might pull out of the US Treasury market, such as pension funds in Denmark?

Bessent brushes this aside, saying

The size of Denmark’s investment in US Treasury bonds, like Denmark itself, is irrelevant.

It is less than $100 million.

They’ve been selling Treasuries for years. I’m not concerned at all.

Continue reading...