Bloomberg News

Noyer Says Major Economies’ Debt No Longer Seen as Riskless

October 02, 2011

Oct. 3 (Bloomberg) -- Bank of France Governor Christian Noyer said the government debt of major economies is no longer seen as riskless assets.

He also said in a speech in Tokyo today that there’s no alternative to U.S. Treasuries in terms of liquidity. Noyer said the world is experiencing “major economic turbulence.”

To contact the reporter on this story: Aki Ito in Tokyo at aito16@bloomberg.net

To contact the editor responsible for this story: Ken McCallum at kmccallum4@bloomberg.net


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