US Treas Sec Yellen: Higher interest rates a challenge to debt sustainability if they last ...Middle East

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US Treas Sec Yellen: Higher interest rates a challenge to debt sustainability if they last
US Treasury Secretary Yellen: Says disagrees with Moody's decision to move US rating to negative outlookHigher interest rates would create a challenge to debt sustainability if they lastA government shutdown would pose an unnecessary economic headwind; it's critical that House Republicans work in a bipartisan manner Treasuries remain preeminent safe, liquid asset. I'm hopeful we'll find satisfactory spending solution. APEC judged China economy is a downside risk to outlook. Discussed issues of oversupply with China vice premier He Lifeng. ---Yellen is making wide-ranging comments, only a few of which are really of interest to traders. This article was written by Eamonn

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