Reported 2 days ago
The bond market is showing signs of distress as long-term Treasury yields rise, driven by concerns over the increasing U.S. deficit linked to President Trump's proposed tax legislation. The tax bill, which aims to implement substantial cuts to tax rates, is projected to add $4 trillion to the national debt over the next decade, compounding investor anxiety over fiscal stability. With the bond market reacting swiftly, yielding significant uncertainty and risking further economic strain, experts warn of potential stagflation and the implications of ongoing fiscal challenges.
Source: YAHOO