SNB President Schlegel does not see an alternative to US treasures

The head of the Swiss Central Bank voted confidence in US government bonds after the world’s largest economyundressedThe latest best credit rating by Moody’s.

The Swiss National Bank President Martin Schlegel said on Marterne in Lucerne, “US Treasures are very liquid.” “Currently, there is no alternative to them and is not expected to be alternated.”

SNB had foreign currency worth foreign currency worth more than 700 billion Swiss Franc ($ 838 billion). Schlegel said these owners were included in the treasures, but did not show.

Asked how the US waslowerSNB in ​​Moody’s on Friday will affect SNB investment decisions, Schlegel “Looking at ratings – but usually there is no effect on single ratingsAllocation of assets“

This story was first displayed Fortune.com

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