US president's One Big Beautiful Bill Act has rattled the bond market and will inevitably have global consequences Donald Trump calls his tax and spending plans "big, beautiful," and a once-in-a generation opportunity to bolster the prosperity of the US economy. The bond market disagrees. In his latest showdown with Wall Street, after the turmoil unleashed by his "liberation day" tariff announcement last month, global financial markets are rattled again, this time by the US president's One Big B...
Trump's latest Wall Street showdown pushes investor scepticism to the brink
The Guardian - 24 May 2025 13:00
US president's One Big Beautiful Bill Act has rattled the bond market and will inevitably have global consequences Donald Trump calls his tax and spending plans "big, beautiful," and a once-in-a generation opportunity to bolster the prosperity of the US economy. The bond market disagrees. In his latest showdown with Wall Street, after the turmoil unleashed by his "liberation day" tariff announcement last month, global financial markets are rattled again, this time by the US president's One Big B...
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