From Yahoo Finance: 2025-05-25 10:00:00

European asset managers are concerned that Republican efforts to dismantle clean energy legislation in the US may deter investors. The House passed a bill to eliminate incentives in the 2022 Inflation Reduction Act, causing uncertainty and volatility. If the Senate approves, it could reverse US clean-tech policy, leading investors to seek more stable jurisdictions like Canada or the EU. European asset managers are already shifting away from the US market due to policy unpredictability. The S&P 500 fell and Treasury yields rose in response to the bill, while Trump’s tariff escalation with the EU added further market uncertainty.



Read more at Yahoo Finance: US Risks Losing ‘Reliable Investment’ Status, Allianz GI Manager Says