Former US Treasury Secretary: The decline in US Treasury bonds indicates a loss of confidence in US policies and financial assets

BlockBeats News: On April 15th, former US Treasury Secretary Janet Yellen expressed her views on Trump's tariff plan. She said that the reasons for Trump's tariff policy are "unclear and completely unreasonable". Yellen said in an interview with Bloomberg, "The practice of canceling tariffs and reducing tariffs is positive, but we are in a world full of great uncertainty Despite the uncertainties faced by investors, governments, and consumers, the US economy remains strong, and she believes that the Federal Reserve does not need to intervene at this time. Yellen said, "If there is a real problem of financial stability, I believe the Federal Reserve will consider using its liquidity tools, as it did at the beginning of the COVID-19 epidemic. But we have not yet reached that time." As for the soaring yield of US treasury bond bonds, Yellen said, "I don't think we have seen a functional imbalance in which market liquidity has completely dried up, but it shows that the mode of people losing confidence in US economic policies and the safety of basic financial assets is indeed very worrying." (Jin Shi)