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A fresh sell-off in the bond market is spiking bond yields as budget talks drive deficit fears
The sell-off in bonds accelerated as investors continued to fret over the US deficit, with the 10-year yield rising past 4.5% ...
Mnuchin flags U.S. budget deficit as bigger worry than trade gap
Former Treasury Secretary Steven Mnuchin said he’s more alarmed by the country’s growing budget deficit than its trade ...
US budget surplus surges to $258 billion in April, year-to-date deficit tops $1 trillion
The U.S. government posted a $258 billion budget surplus for April, up 23%, or about $49 billion, from a year earlier, ...
Treasury Secretary Bessent dismisses Moody's US credit downgrade as 'lagging indicator'
Treasury Secretary Scott Bessent downplayed the U.S. credit downgrade as a "lagging indicator" of economic and fiscal ...
U.S. budget deficits are reaching the tipping point where they could start hurting stocks
One former Federal Reserve trader is concerned that this longtime tailwind could soon morph into a serious problem for ...
US budget surplus rises 23% to $258 billion in April, customs revenue surges
The U.S. government posted a $258 billion budget surplus for April, up 23% from a year earlier, reflecting strong tax ...
China Ran Record Budget Deficit With Spending Blitz Amid Tariffs
China’s fiscal stimulus pushed its four-month budget deficit to a record high, as the government ramped up support for the ...
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The IMF tells the US to reduce its budget deficit and deal with the ‘ever-increasing’ debt burden
The IMF urges the US to reduce its fiscal deficit and control its rising debt amid Trump’s renewed tax cut push.