Stocks slip and bonds fall more sharply
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Bond yields spiked following Moody's downgrade of US debt. The move highlights a big concern for bond investors that could spark more chaos in markets.
Markets came under pressure Monday as investors dumped stocks, U.S. bonds and the dollar — an unsettling trifecta — after the United States lost its triple-A bond rating on Friday.
Treasury yield jumped more than 10 basis points, topping 5%, before easing just below that threshold by midday.
U.S. Treasury yields spiked on Monday, signaling investor jitters over the national debt—which Trump’s “big, beautiful” bill would only worsen.
Even before talk of fresh unfunded tax cuts took center stage in the budget wrangling on Capitol Hill, US bond investors were making their views loud and clear: If the government keeps spending more than it takes in,
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The group of governments whose bonds get the highest ranking just got smaller, after the United States lost its last triple-A credit rating from Moody's.
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Although the 5% level has long been considered an important psychological threshold—a point that, once crossed, could bring more selling and still higher yields—the yield slip