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Scott Bessent: “We are the only G7 country. Our 10 year rates are down 50…”

Featuring: Scott Bessent, Republican | Secretary of the Treasury | National

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Published | Video Starts at 29:48

You don't think it's like some sign of anxiety or questions about reliability of the US dollar. And I don't know why everyone comes back to the dollar. We are the only G7 country. Our 10 year rates are down 50 basis points. Everyone else's are up. And you know, if you look at China, Chinese, excuse me, the Japanese rates, the percentage move is, is gigantic. And the dollar is down 10% this year. (29:48–29:55)

CLAIM

Asserts that the U.S. is the only G7 country with 10-year rates down by 50 basis points.

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