Bond Market Warns Trump, Congress on Dangers of Swelling Deficit

(Bloomberg) -- In the world’s biggest bond market, investors are pushing back against President Donald Trump’s tax-cut plan.Most Read from BloombergCan Frank Gehry’s ‘Grand LA’ Make Downtown Feel Like a Neighborhood?Chicago’s O’Hare Airport Seeks Up to $4.3 Billion of Muni DebtNJ Transit Makes Deal With Engineers, Ending Three-Day StrikeOn Wednesday, they drove yields on benchmark 30-year Treasuries to as high as 5.1%, leaving them just shy of a two-decade high and sparking declines in stocks an

Bloomberg

2 hours ago