Mmastodon BusinessCrypto first seen 10 h ago, last 10 h ago, peak #1
US Budget Deficit Nears $2 Trillion, Weighing on Markets
Original: 📊 US-Schulden & Anleihen unter Druck Das US-Haushaltsdefizit steigt auf fast 2 Bio. $, die Zinskosten auf über 1,1 Bio.
The US budget deficit has climbed to nearly $2 trillion, with interest costs exceeding $1.1 trillion. Rising yields on US Treasury bonds are putting pressure on risk assets, with commentators noting the strain is also weighing on the S&P 500 and Bitcoin as investors watch Washington's fiscal trajectory.
Why now: Soaring US deficits and interest costs are fueling concerns about bond yields and pressure on equities and crypto.
United StatesUS Treasury bondsS&P 500Bitcoin
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/1613139