Latest news with #BondMarket
Bloomberg
29-05-2025
- Business
- Bloomberg
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.'
Washington Post
23-05-2025
- Business
- Washington Post
Asian stocks rise and oil prices slip after Treasury yields ease
HONG KONG — Asian stocks rose early Friday as U.S. Treasury yields eased after a rocky week due to worries in the bond market over mounting U.S. government debt. The yield of the 10-year Treasury shed 0.6% to 4.52% while the two-year yield, which more closely tracks expectations for action by the Federal Reserve, slipped 0.4% to 3.98%.
Bloomberg
21-05-2025
- Business
- Bloomberg
The Bond Market Is Getting Awfully ‘Yippy' Again
US government debt auctions are generally sleepy affairs — except when they're not. And Wednesday's sale by the Treasury Department of $16 billion in 20-year bonds definitely qualified for the latter category. It's unlikely to be the only one. The offering was the government's first auction of so-called coupon-bearing debt since Moody's Ratings on Friday became the last of the three big credit assessors to strip the US of its top triple-A rating, following S&P Global Ratings in 2011 and Fitch Ratings in 2023. The auction was considered subpar on at least two critical measures, the amount of bids received from investors relative to the amount being sold, and the higher interest rate investors demanded relative to where the bonds were trading in the so-called when issued market before the sale.
Bloomberg
19-05-2025
- Business
- Bloomberg
Moody's Gives Fresh Impetus to Bond Vigilantes and Stock Bears
The Moody's downgrade of the US is a powerful symbol of the ongoing deterioration of the nation's finances, and the market reaction is a reminder that the bond vigilantes have the US in their crosshairs. Bond investors are selling longer-dated bonds, pushing the yield on the 30-year above 5% to the highest since November 2023. The impact spilled over to other asset classes too, sending US equity-index futures lower and a gauge of the dollar sliding 0.5%, a reminder of the 'Sell America' trade that exploded last month.
