If investors avoid the Treasury market, we could be unable to pay off maturing securities, which would mean an immediate default. Market participants generally agree that even a brief default would create potentially catastrophic risks to the financial system, like the meltdown of 2008.
What does this quote mean?
This quote can be used as a reminder to reflect, share encouragement, or express a thoughtful idea. Create a quote image or explore related quotes below.
Best used for
- Instagram captions
- Pinterest quote pins
- Personal reflection
- Speeches
- Greeting cards
Caption suggestions
Instagram caption
"If investors avoid the Treasury market, we could be unable to pay off maturing securities, which would mean an immediate default. Market participants generally agree that even a brief default would create potentially catastrophic risks to the financial system, like the meltdown of 2008." — Jerome Powell #moneywealth
Pinterest title
If investors avoid the Treasury market, we could be unable to pay off maturing securities, whi…
Pinterest description
If investors avoid the Treasury market, we could be unable to pay off maturing securities, which would mean an immediate default. Market participants generally agree that even a brief default would create potentially catastrophic risks to the financial system, like the meltdown of 2008. — Jerome Powell
About Jerome Powell
Jerome Powell was a Public Servant from United States (1953–present).
Frequently Asked Questions
Who said "If investors avoid the Treasury market, we could be unable to pay off maturing…"?
This quote is attributed to Jerome Powell, a Public Servant from United States.
When did Jerome Powell live?
Jerome Powell lived from 1953 – present.
What is this quote about?
This quote touches on Money & Wealth. Browse more quotes on these themes from the categories page.