US Edition
Why the Bond Market Is Suddenly Freaking Out over the ‘Big, Beautiful Bill’ | News Channel 3-12
- The US Treasury auctioned $16 billion of 20-year bonds on Wednesday, facing the lowest investor demand since February.
- This weak auction followed Moody's recent credit downgrade caused by longstanding federal deficits and rising debt levels.
- Investors demanded yields up to 5.046%, forcing the Treasury to offer the highest 20-year yield since November 2023 at 5.125%.
- The US holds $36 trillion in debt, with $684 billion spent on interest this fiscal year, accounting for 16% of federal spending.
- Higher bond yields will increase debt financing costs, potentially risking safety net programs and signaling rising economic risks amid political disputes.
13 Articles
13 Articles
Trading mixed on Wall Street as 'big, beautiful bill' competes with bond-market worries
The business community is celebrating President Trump's "One Big, Beautiful Bill" but there is an undercurrent of angst over higher bond yields because debt is growing, which helped spark a market selloff this week.
Weak Treasury Auction Sends Stocks Tumbling
Photo by Sealy J via CC BY-SA 4.0This story was originally published on The Daily Upside. To receive delivering razor sharp analysis and perspective on all things finance, economics, and markets, subscribe to our free The Daily Upside newsletter.What’s the difference between a US Treasury bond and an aspiring screenwriter in an LA coffee shop? The bond will eventually mature and make money. That has long been the essential calculation making US …
HILL: Getting the Big Beautiful Bill over the goal line
What is it about naming major pieces of legislation with titles that can be reduced to acronyms such as “BBB”? Joe Biden called his signature budget and spending legislation “Build Back Better,” which built nothing back or better before it deteriorated into the spuriously named “Inflation Reduction
Coverage Details
Bias Distribution
- 55% of the sources are Center
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
