Former Treasury Secretary Henry Paulson warns U.S. needs an emergency ‘break-the-glass’ plan if Treasury demand collapses

  • Thread starter Thread starter Frances Yue
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Frances Yue

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Former Treasury Secretary Henry Paulson on Thursday urged U.S. policymakers to prepare an emergency plan in case demand for Treasurys breaks down — warning that a crisis in the government bond market could trigger severe consequences across the economy.

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