US Treasury Secretary Bessent rejected claims of capital flight from the United States, pointing to sustained foreign investor demand and active Treasury auctions as evidence of continued confidence. He noted that the US dollar accounts for 89.2% of global foreign exchange transactions and emphasized that overseas investors maintain significant holdings in US assets.
Bessent highlighted expanding domestic economic fundamentals, including ongoing employment growth and rising corporate investment. Equipment investment in Q2 2026 increased nearly 20% compared to levels at the end of the Biden administration. He clarified that Treasury buyback operations are designed to enhance market liquidity and optimize debt maturity structure rather than intervene directly in the $30 trillion Treasury market.
Treasury Secretary Bessent Dismisses Capital Flight Concerns, Cites Strong Foreign Demand
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