SNB President Schlegel sees no alternative to US Treasuries

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SNB President Schlegel sees no alternative to US Treasuries

^{Published on 2025-05-22 05:06:29 - Fortune}

Switzerland's central bank chief gave a vote of confidence to Treasury bonds even after Moody's downgraded the U.S. credit rating.

In an article published on May 19, 2025, by Fortune, SNB President Schlegel expressed concerns over the U.S. debt situation, stating there is "no alternative" to U.S. Treasury bonds despite Moody's recent downgrade of the U.S. credit rating. Schlegel emphasized the critical role these bonds play in global finance, suggesting that despite the downgrade, they remain a cornerstone of investment portfolios worldwide. The downgrade by Moody's reflects growing worries about the sustainability of U.S. debt levels, yet Schlegel's comments underline a continued reliance on these securities, highlighting the lack of viable alternatives in the current economic landscape.

Read the Full Fortune Article at:
[ https://fortune.com/2025/05/19/us-debt-snb-president-schlegel-no-alternative-treasury-bonds-moodys-downgrade/ ]

N@N

SNB President Schlegel sees no alternative to US Treasuries