BlockBeats message: On October 4, U.S. Treasury Secretary Bessent said that the recent rise in U.S. Treasury yields is consistent with global trends and there is no need to be overly alarmed. On Saturday, during an interview with Axios, he said: 「If a rise occurs that has some particular characteristics, I would be concerned.」「(But) we haven't seen people selling U.S. Treasuries to buy German or Japanese Treasuries.」「I cannot control the bond market. What I can do is get people to slow down and think.」
In addition, Bessent also dismissed concerns about an AI bubble, saying that major players such as Microsoft, Google, and Meta are investing heavily and are driving significant revenue growth for companies like Anthropic and OpenAI.
In addition, Bessent also dismissed concerns about an AI bubble, saying that major players such as Microsoft, Google, and Meta are investing heavily and are driving significant revenue growth for companies like Anthropic and OpenAI.