U.S. Treasury Secretary Besant: no idea of stockpiling gold for sovereign funds

On 20 February, US Treasury Secretary Ben Bassett said there was no idea of stockpiling gold for sovereign funds, and it was unfortunate that the efforts of the ‘Department of Government Efficiency’ had been derided, according to Golden Ten, who reportedly made his remarks at a time when the US 2-year and 30-year yield curves were flattening.