Berkshire Hathaway Inc. Information Regarding Second Quarter Earnings Release

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Warren Buffett's Berkshire Hathaway buying US Treasurys, not worried about US credit rating downgrade

August 3, 2023 9:00 AM EDT

Legendary investor Warren Buffett told CNBC on Thursday that his conglomerate Berkshire Hathaway (AMEX: BRK.A) "bought $10 billion in US Treasurys last Monday."

Buffett revealed they also bought $10 billion in Treasurys this Monday, shrugging off Fitch's US credit rating downgrade.

He added that "the only question... More