Why the bond market is going ballistic (and no, it’s not just Iran)

Efficiency, and his deregulatory agenda helped shrink the federal budget deficit by 4% in fiscal 2025, and in the first half of fiscal 2026, the deficit had decreased another 11%. But after the Supreme Court overturned the bulk of Trump’s tariff power, domestic importers have taken the White House to court and largely won. The Treasury has issued $70 continue reading …