World

'Denmark irrelevant': Bessent rejects Europe's threat to sell US treasury bonds over Trump's Greenland push

January 21, 2026

US Treasury Secretary Scott Bessent has dismissed fears that tensions with Europe over President Trump's interest in Greenland could lead to a sell-off of US Treasury bonds. Speaking at the World Economic Forum, he stated that foreign demand for US debt remains strong and referred to Denmark's investment in Treasuries as 'irrelevant.'.

Reuters File

Credit: US Treasury Secretary Scott Bessent.

Key Highlights

Scott Bessent is the US Treasury Secretary.
Bessent spoke at the World Economic Forum in Davos.
He called Denmark's investment in US Treasury bonds 'irrelevant.'.
Bessent emphasized that foreign demand for US debt is strong.
Concerns about European actions affecting US Treasuries were dismissed.

World Business

Sources

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

'Denmark irrelevant': Bessent rejects Europe's threat to sell US treasury bonds over Trump's Greenland push

Key Highlights

Sources

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