US Treasury chief to skip IMF-World Bank meetings in Bangkok

· Economy · United States

US Treasury Secretary Scott Bessent will skip the IMF-World Bank meetings in Bangkok, according to a report. His absence comes at a critical moment when benchmark Treasury yields have surged to their highest levels in nearly 25 years. The decision could complicate coordination on global economic policy at a time of elevated borrowing costs and market volatility, and raises questions about US engagement with international financial institutions.

Why it matters：The absence of the US Treasury chief at a key global economic meeting could signal reduced coordination as borrowing costs hit multi-decade highs.

Key points

  • Bessent will skip the IMF-World Bank meetings in Bangkok.
  • Benchmark Treasury yields have surged to near 25-year highs.
  • The absence comes at a critical moment for global policy coordination.

Sources (original reporting)

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