Bessent Says Sewing Dismissed Deutsche Bank Treasuries Note (1)

US Treasury Secretary Scott Bessent said Deutsche Bank AG Chief Executive Officer Christian Sewing called to dismiss a report from one of the German lender’s analysts that had suggested European investors may dump US assets.

“This notion that Europeans would be selling US assets came from a single analyst at Deutsche Bank,” Bessent said Wednesday at the World Economic Forum in Davos. “The CEO of Deutsche Bank called to say that Deutsche Bank does not stand by that analyst report.”

Scott Bessent in Davos, on Jan. 21.

Photographer: Markus Schreiber/AP Photo

The analyst, Global Head of FX Research George Saravelos, said in a note on Sunday that Europe may ...