Iran's Parliament Speaker Criticizes US Economy as Treasury Yields Hit Multi-Year High
Mohammad Bagher Ghalibaf took aim at U.S. economic troubles as 10-year Treasury yields climbed to their highest level in years.
Iranian Parliament Speaker Mohammad Bagher Ghalibaf criticized the state of the U.S. economy as Treasury yields climbed to a multi-year high, according to Iran's Mehr News Agency.
The comments came as the yield on 10-year U.S. Treasury notes reportedly reached its highest level in years, a development often read as a signal of investor concern over inflation, debt or fiscal policy.
A recurring line of criticism
Ghalibaf's remarks fit a pattern of Iranian officials pointing to economic indicators from the United States to argue that Washington's own economic management faces significant strain.
Mehr News did not report further specifics on Ghalibaf's remarks beyond the criticism of the yield spike, nor did it detail any response from U.S. officials.
The rise in Treasury yields has drawn broader attention from investors and economists tracking the health of the U.S. fiscal and monetary picture.
Sources
- Ghalibaf slams US economy as Treasury yields hit record high — Mehr News (Iran)
EGazette summarizes reporting from multiple sources; follow the links for the originals.
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