US Treasury Secretary Scott Bessent on Tuesday rejected the idea that European governments could aggressively sell American debt to counter Washington's threats over Greenland, saying such a move would "defy logic".But asked by reporters at the Davos World Economic Forum whether the US was preparing for such a scenario, Bessent said that it "defies any logic".
He’s right. Dumping is would be dumb. You need to quietly hedge the dollar devaluation first.
On a serious note, it probably wouldn’t have the desired impact.
https://www.reuters.com/markets/us/who-owns-us-debt-2025-02-10/
Even if the whole world ex-US dumped, the US holds the most