Bond Market Hates His ‘Beautiful’ Tax Bill
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The bond market (^TNX, ^TYX, ^FVX) has been flashing warning signs of more bond turmoil. Yahoo Finance Senior Reporter Allie Canal joins Market Domination Overtime with Josh Lipton and Julie Hyman to discuss this week's surge in Treasury yields driven by fears of an impending US debt crisis.
Yields on government debt have risen as Congress weighs Trump’s budget plan. Meanwhile, interest on the debt is approaching $1 trillion a year – on par with proposed Defense spending.
The global savings glut is over and governments have to pay up to borrow; the U.S. situation is especially risky.
The chart above shows how these inflows and outflows are correlated with inflation expectations. I segregated all months since 2004 into four groups, based on monthly changes in f
Global green bond issuance dropped to a three-year low in early 2025, pressured by economic uncertainty and US policy shifts under President Trump. Click to read.
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 rise in longer-term U.S. Treasury yields in 2025 has contributed to a record low of minus-1.3% in their 10-year annualized return, according to Bank of America.
The trade war has calmed down, but rising government borrowing costs pose a new worry.
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