US fiscal concerns

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BK's Lien on de-dollarizing: U.S. fiscal concerns driving fear that U.S. debt no longer 'risk-free'
CNBC Televisionยท 2025-10-09 22:14
Meanwhile, the New York Federal Reserve revealing this morning the amount of US treasuries held by global central banks hit its lowest in more than a decade. The drop of about $130 billion just since August, raising fears that global ddollarization is accelerating. For more, let's bring in BK Asset Management, managing director of FX Strategy, Kathy Lean.Kathy, great to have you with us. It's not just this drop held in treasuries held at the New York Federal uh Reserve Bank, but it's also the rise in gold. ...