Ghalibaf reacted to the recent statements by the US Treasury Secretary Scott Bessent regarding the activation of certain currency‑swap arrangements aimed at preventing what US officials described as irregular liquidation of American assets.
In a post on his X account on Saturday, he wrote, “Swaps given ‘to prevent disorderly sale of US assets.’ Translation: some holders can’t sell. ICYDK: hidden single-digit % sale cap limits some institutional holders. Door closes if things escalate. Get out while open. Their frontline is the yield curve.”
According to the speaker, the reported measures indicate that some institutional holders of US bonds may face constraints in selling their holdings.
He noted what he described as sensitivities within the US financial system surrounding large‑scale bond sales and referenced the existence of informal thresholds that state‑linked or institutional investors reportedly observe.
The speaker added that, under worsening market conditions, the ability of some investors to sell such assets could become further limited.
Ghalibaf also issued a cautionary message to bond holders, saying the situation reflects broader concerns about market stability.
Following the outbreak of the US-Israeli war on Iran on February 28, Tehran responded by closing the Strait of Hormuz, a critical maritime route. This action had significant repercussions for the global economy, especially affecting the economic stability of the United States.
MNA
