Scott Bessent says U.S. is unconcerned by Treasury sell-off over Greenland, calls Denmark ‘irrelevant’

After similar action from the Danish fund Akademiker yesterday, “The decision, confirmed by Alecta, is attributed to “reduced predictability” in US policymaking, which the fund cites as a growing risk factor. “We have sold most of the holding,” a spokesperson confirmed, noting that the fund continues to monitor global markets for stability and reliability.”

https://breakingthenews.net/Article/Swedish-fund-dumps-US-bonds-over-political-risks/65517344

U.S. Treasury Secretary Scott Bessent sat down with CNBC at Davos to defend President Trump’s latest push to acquire Greenland, calling the island a vital piece of the puzzle for a new national missile defense system. He brushed off the recent market chaos caused by Trump’s threat to slap 10% to 25% tariffs on several European allies if they don’t help make the deal happen. Even though some international investors started dumping U.S. Treasuries in response, Bessent claimed the idea of a global selloff is just a false narrative. He insisted that U.S. debt is still the safest bet around and urged world leaders to stay cool while the administration focuses on shoring up national security.

https://www.cnbc.com/2026/01/21/bessent-davos-denmark-greenland-treasuries.html