Of all the activity out of Washington, I’ve received more questions about one of President Trump’s comments than any other. The question doesn’t have to do with tariffs, federal layoffs, the Ukraine war, the Middle East, cabinet appointments—none of that. It’s a comment made on Air Force One on a flight to the Super Bowl:
"We're even looking at Treasuries. There could be a problem—you've been reading about that, with Treasuries and that could be an interesting problem. It could be that a lot of those things don't count. In other words, that some of that stuff that we're finding is very fraudulent, therefore maybe we have less debt than we thought." (Source: Reuters)
It’s sometimes tough parsing the President’s comments, but what multiple IVA readers (and many pundits) have read into this is that the President has suggested some Treasurys might not be paid back.
Hence the concern, “Are Treasury bonds still safe?”