House passes Trump's deficit-swelling tax bill
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The 30-year bond yield closed Wednesday at 5.089%, the highest since October 2023.Bonds initially resumed their selloff on Thursday morning after GOP lawmakers successfully passed the tax bill through the House,
Bond yields have spiked this week on investor concern over the tax bill swelling the US deficit. Here's why markets are worried.
Financial markets are looking for more “fiscal discipline” from Washington, a top official at the Federal Reserve warned.
President Trump’s ‘big beautiful spending’ bill is giving investors pause as bond yields move higher over debt and deficit concerns. The 10-year Treasury yield topped 4.5% creating headwinds for U.S.
With the Trump administration increasingly focused on striking deals to help weaken the dollar, a team of analysts at Deutsche Bank crunched the numbers and determined just how much the greenback would need to weaken to eliminate the U.
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China’s fiscal stimulus pushed its four-month budget deficit to a record high, as the government ramped up support for the economy during an escalation in its trade conflict with the US.
Federal Reserve Governor Christopher Waller said markets are demanding higher Treasury yields due to concerns about tax cuts widening the federal budget deficit.