Tariff ruling fuels bond-market angst by hitting US deficit
The top court's verdict eliminates import taxes that have acted as a restraint on the government's $1.8 trillion budget deficit and the swelling national debt.
Deficits
U.S. plans record $100 billion bill sale as borrowing needs mount
the mammoth size is also likely a harbinger of growing bill auctions ahead to help plug the federal budget deficit.
U.S. long-dated debt faces crucial test in $22 billion auction
Investors have grown more wary of lending to the US government for such a long time, and have demanded higher yields as a result, increasing a cushion known as the term premium.
Treasuries, dollar fall as Moody’s sharpens focus on U.S. debt
Moody's announced Friday evening it was downgrading the US to Aa1 from Aaa, reinforcing Wall Street's growing worries over the nation's fiscal outlook as Capitol Hill debates even more unfunded tax cuts.
U.S. fiscal strength seen weakening further, Moody’s says
A rise in U.S. Treasury yields from very low levels in 2020, has resulted in diminished debt affordability, with interest payments-to-revenue hitting about 30% by 2035.
Robert Rubin blames Trump for most uncertainty in 60-year career
Rubin, who oversaw a shift to budget surpluses as Treasury chief under Democrat Bill Clinton in the 1990s after serving as co-chairman of Goldman Sachs Group Inc., said that while some federal spending can be cut, "as a practical matter" there's insufficient scope for that to rein in deficits.
