Markets sink as debt worries hammer U.S. bonds

Fears of a global government borrowing glut — likely to be compounded by the GOP's spending and tax cut bill — helped fuel an unusually weak auction for U.S. government bonds that sent markets into a tailspin Wednesday.

May 22, 2025 - 00:00
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Markets sink as debt worries hammer U.S. bonds
Fears of a global government borrowing glut — likely to be compounded by the GOP's spending and tax cut bill — helped fuel an unusually weak auction for U.S. government bonds that sent markets into a tailspin Wednesday.

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