UST Meltdown Hasn't Spurred US Financial Stability Council Meeting: Sources

UST Meltdown Hasn't Spurred US Financial Stability Council Meeting: Sources


Even if the agencies wanted to step in as UST users are losing billions, it’s uncertain which one would have authority to protect investors. And unlike regulated investments, which enjoy government backstops such as insurance from the Securities Investor Protection Corporation (SIPC), there’s no such protection for those who put their dollars into UST, which topped at $18 billion.

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