The head of the Central Bank in Switzerland gave a vote on US government bonds even after it was the largest economy in the worldStrippedFrom the latest credit rating than Moody’s.
“The US Treasury bonds are very liquid,” said Martin Shelegel, President of the Swiss National Bank, on Monday in Lucerne. “There is currently no alternative to them and it is not expected that there will be an alternative.”
SNB raised more than 700 billion Swiss francs ($ 838 billion) of foreign currencies, with nearly two -thirds of those in government bonds. Sildeel said that these holdings include US Treasury bonds, but they did not specify the amount.
He was asked about how the United StatescutIn MOODY’s on Friday, SNB Investment Decisions will be on its reserves, and Schlegel highlightAsset customization“
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