The bond market is shaking Wall Street again, this time because of worries about tax cuts
From Yahoo Finance: 2025-05-22 14:50:00
Wall Street is stirred up as the bond market reacts to worries about the increasing U.S. debt from tax breaks. The House approved a bill that could add trillions to the debt, causing yields to spike, shaking the stock market. The 10-year Treasury yield has climbed to 4.54%, sparking concerns of inflation and economic repercussions. Moody’s Ratings downgraded the U.S. credit rating due to debt issues, further raising concerns. Treasury yields have calmed, but the impact on taxpayers, loans, and the economy remains uncertain.
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