US EditionDow Tumbles 800 Points on Worries About US Debt
- The U.S. House of Representatives approved a multitrillion-dollar spending bill early Thursday in New York, triggering market reactions.
- The bill proposes prolonging nearly $4.5 trillion worth of tax incentives introduced during President Trump’s initial term, along with additional measures, and is anticipated to be modified by the Senate.
- Rising Treasury yields, with the 10-year reaching 4.63%, reflected investor worries about U.S. debt amid a weak government bond auction.
- David Morrison said the rise in borrowing costs shows concerns over the expanding budget deficit and national debt, while Streeter noted "ripples of worry" in markets.
- Markets mostly fell globally as higher yields increase government and private borrowing costs and could strain the economy and credit conditions.
283 Articles
283 Articles
Stocks drift to a mixed close as worries about US's soaring debt continue to weigh
NEW YORK — Stocks drifted to a mixed close on Wall Street on May 22 in what has been a rocky week so far because of worries coming out of the bond market about the U.S. government's mounting debt.
Leader-Telegram
marketbeat.comHow major US stock indexes fared Thursday, 5/22/2025
U.S. stocks ended a wobbly day mostly lower in what has been a rocky week because of worries coming out of the bond market about the U.S. government’s mounting debt. The S&P 500 slipped less than 0.1% Thursday. The Dow…
Stocks drift to a mixed close as worries about the US government's soaring debt continue to weigh (copy)
NEW YORK — Stocks drifted to a mixed close Thursday on Wall Street in what has been a rocky week so far because of worries about the U.S. government’s mounting debt.
Sydney Morning Herald
ASX treads water on Friday as Rio Tinto slides, banks advance
The Australian sharemarket has risen after a choppy session on Wall Street but there are worries coming out of the bond market about the US government’s debt.
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