The US bond market: Getting ‘yippy’ again?
Published on: May 23, 2025, midnight | Source: Livemint
Disappointing US government debt auctions confirm that the bond market is disturbed. Yields for 10-year bonds rose higher than in April, when Trump’s tariffs wrought havoc on the world and hit US credibility. The US needs to get its fiscal deficit and debt in control, or risk more sell-offs.
