US Treasury Secretary Besson downplays the sell-off of US bonds, believing that the bond market is undergoing "normal deleveraging"

BlockBeats reported that on April 9, US Treasury Secretary Besant played down the selling of US treasury bond bonds, saying it was not systematic. The market is currently experiencing a wave of deleveraging turbulence, "Besant said, adding that he has often witnessed this situation in his hedge fund career. This is the fixed income market. Some very large leveraged players are suffering losses and have to deleverage In recent days, long-term treasury bond bonds bear the brunt of the decline in the US bond market, although the stock market is also falling - which runs counter to its typical risk aversion role. So far this week, the yield of US 30-year treasury bond bonds has soared by about 0.5%. He said, "I don't think this is a systemic issue. I think the deleveraging being carried out in the bond market is a disturbing but normal process