‘Unsustainable fiscal situation’: Wall Street braces for more bond market turmoil as Trump tax bill stirs up deficit concerns – Yahoo Finance
From Google: 2025-05-25 17:25:00
Wall Street is on edge as concerns rise over the impact of Trump’s tax bill on the deficit. Analysts fear the fiscal situation is becoming unsustainable, leading to potential bond market turmoil. The bill’s massive tax cuts could worsen the deficit, causing investors to worry about the government’s ability to handle the growing debt. The implications of this fiscal dilemma are raising alarms among financial experts, who fear a potential economic crisis if the situation is not addressed promptly. As a result, Wall Street is preparing for more turbulence in the bond market as uncertainty looms.
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