The Bond Market Is Shaking Wall Street Again, This Time
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The decidedly unsexy bond market is usually pretty quiet. But when they want to, bond investors can send a loud, clear message to Washington. They did just that Wednesday and Thursday.
Jim Caron of Morgan Stanley rejected fears that Treasurys were no longer safe havens and said rising bond yields were a global issue, not just a US problem.
Bond investors see a lot to be worried about from Washington policy. That could have repercussions for taxpayers.
Bond yields have spiked this week on investor concern over the tax bill swelling the US deficit. Here's why markets are worried.
Around the world, yields on longer-dated sovereign debt have soared as investors question the ability of governments to cover massive budget deficits.
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The global savings glut is over and governments have to pay up to borrow; the U.S. situation is especially risky.
Tax cuts favored by President Trump are amplifying debt and deficit concerns and pushing 30-year Treasury yields to their highest level since October 2023.
From ho-hum debt auctions to plunging long-term bond prices, investors are sending a clear message to governments that in the current climate of uncertainty they need to pay more to borrow for decades ahead.
The Japanese government bond market was already having a bit of a springtime nightmare, but a poor auction of 20-year debt earlier this week has sent long-end yields soaring to their highest levels ever.
President Donald Trump ended the week on a grumpy note, rattling his tariff saber — and stock-market investors — on Friday as he threatened levies on Apple Inc. and the European Union. But for all the renewed trade drama,