Bond Vigilantes clash over fiscal policy in DOGE City, potential showdown if fiscal discipline falters.
From Investing.com: 2025-02-24 01:28:00
In “The Gunfight at Dodge City,” Bat Masterson becomes sheriff to seek justice. Bond Vigilantes clash over fiscal policy in DOGE City. The Fed lowered rates, upsetting Vigilantes who want to curb fiscal excess. Elon Musk proposed DOGE cuts, sparking controversy. President Trump established the US DOGE Service to streamline government. Treasury Secretary Bessent aims to halve deficit ratio. Bond Vigilantes monitor bond yields to prevent inflation. Vigilantes await Trump’s spending cuts to avoid fiscal showdown. With record public debt, Vigilantes hold significant power. Gunfight looms if fiscal discipline falters.
Read more at Investing.com: The Gunfight at DOGE City: Will the Bond Vigilantes Intervene?