Donald Trump and Kamala Harris: The Impact on Treasuries and National Debt Concerns

Wednesday, 23 October 2024, 07:58

Donald Trump and Kamala Harris's proposed tax cuts and spending programs raise concerns over the deficit and debt. The bond market reacts with rising yields. This article explores the implications for the 10-year treasury and the overall bond market amid these policies.
Forbes
Donald Trump and Kamala Harris: The Impact on Treasuries and National Debt Concerns

Donald Trump and Kamala Harris have ignited debates surrounding fiscal policy with their suggested tax cuts and federal spending programs. These proposals, described by some as requiring funds 'like Mardi Gras beads,' have led to increased scrutiny of the national debt and deficit. As the bonds and bond market react to these policy discussions, treasuries are reaching a 3-month high. This article delves into the 10-year treasury yields and the broader implications for the financial landscape.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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