US Still a Global Safe Haven Thanks to Treasury Liquidity, Says PIMCO

PIMCO CEO Emmanuel Roman remains confident in the US dollar’s dominance, citing its unmatched liquidity and role as the world’s reserve currency.
In a Bloomberg interview, Roman emphasized that no other currency can handle the volume and stability offered by the US Treasury market. Despite concerns over the US balance sheet and global diversification, he believes the dollar’s status as a safe haven remains unchallenged.
Roman also pointed to American Exceptionalism and strong financial systems as key reasons why global investors—like Japan’s institutions holding $1 trillion in US debt—continue to favor US assets.
Clever Robot News Desk 15th May 2025