From Yahoo Finance: 2025-05-21 07:05:00

Global markets are facing a bad week for long bonds due to aggravated inflation concerns. Key foreign creditors are reassessing their holdings of U.S. debt, impacting America’s rising deficit. President Trump’s tax cut and spending bill faces challenges, while companies rush to convert warehouses to avoid tariffs. Oil prices rise amid fears of conflict in the Middle East. British inflation surges, affecting Bank of England’s interest rate cuts.

Morgan Stanley upgrades U.S. equities to “overweight”, citing global economic expansion despite uncertainty. Japanese exports rise but shipments to the U.S. fall. Solar energy generation surpasses nuclear power for the first time globally. Inflation concerns affect bond markets, with the U.S. Treasury selling $16 billion of 20-year bonds. President Trump’s fiscal plan faces hurdles in Congress, affecting U.S. stock futures and the dollar.

President Trump’s approval rating drops to 42%, with disapproval on economic policy performance. Partisan split remains extreme, with approval higher than previous administrations. Events to watch include Canada house prices, U.S. bond sale, G7 meeting, and Fed speeches. Opinions are those of the author and do not reflect Reuters News.



Read more at Yahoo Finance: Morning Bid: Bad week for bonds