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Deputy Treasury Secretary Faulkender: US Dollar to remain the world's reserve currency

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Deputy Treasury Secretary Faulkender: US Dollar to remain the world's reserve currency

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New update 2025.05.07 04:20
Deputy Treasury Secretary Faulkender: US Dollar to remain the world's reserve currency

update 2025.05.07 04:20

United States (US) Deputy Treasury Secretary Michael Faulkender hit newswires on Tuesday, noting that despite ongoing market tensions and investor concerns about US economic stability, demand for US Treasuries and US Dollar demand remain high.

Key highlights

The Treasury 10-year auction today went fantastic.

The (US Dollar) will continue to be the world reserve currency.

I am not seeing any issues in the Treasury market.


Date

Created

 : 2025.05.07

Update

Last updated

 : 2025.05.07

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