Bond Market, Tax Cut
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Bond investors aren't just worried about the US. Bond yields are climbing in the UK, Germany, and Japan on concerns over fiscal outlooks.
Bond investors see a lot to be worried about from Washington policy. That could have repercussions for taxpayers.
To attract buyers for the bonds that will finance that deficit, the federal government will have to pay higher interest rates.
Bond yields have spiked this week on investor concern over the tax bill swelling the US deficit. Here's why markets are worried.
The dollar fell against a broad swathe of currencies on Wednesday, undermined by worries about the Trump administration's tax cut and spending bill, as well as a weak 20-year Treasury bond sale that reinforced a growing view that investors are shying away from U.
Sweden's National Debt Office raised its government bond issuance target for this year and next as the country's budget deficit is set to increase, it said in a borrowing review on Thursday.
The trade war has calmed down, but rising government borrowing costs pose a new worry.