Reported 1 day ago
The upcoming $22 billion Treasury auction of 30-year government bonds is set to gauge investor appetite for U.S. debt, particularly amid concerns over weak demand from foreign investors. A poor showing could heighten anxieties about America's debt burden and the efficacy of Trump's fiscal policies, leading to increased borrowing costs and potential economic consequences. The auction is seen as a critical indicator of market sentiment regarding long-term U.S. debt, especially following a Moody's downgrade and ongoing uncertainty around trade policies and inflation.
Source: YAHOO