Goldman's Waldron Says Bond Traders Fear Debt More Than Tariffs
Bond traders are becoming increasingly spooked by mounting levels of US government debt — and it's now a concern that holds more risk than tariffs, according to Goldman Sachs Group Inc. 's president.
'While all the attention was on tariffs, I think the attention rightly is shifting — certainly in the bond market — to the US budget debate and the fiscal picture, which I would characterize as somewhat concerning,' John Waldron said at a Bernstein conference Thursday. 'I think the big risk on the macro right now is actually not so much tariffs.'
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WIRED
33 minutes ago
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Trumpworld Is Fighting Over 'Official' Crypto Wallet
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New Yorkers are not satisfied with quality of life in NYC, survey finds
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