Stocks Drift as Concerns Rise over Soaring US Debt

Panic in stock market as US bond yields jump, reflecting rising fiscal fears

Rising rates indicate that investors are seeking higher returns for holding US government debt, owing to concerns about the country's long-term financial stability.

Stocks drift as concerns rise over soaring US debt

NEW YORK — Stocks drifted to a mixed close on Wall Street on Thursday in what has been a rocky week so far because of worries coming out of the bond market about the U.S. government's mounting debt.

US stocks mixed as bond yields moderate

NEW YORK, United States — Wall Street stocks finished mixed Thursday as US Treasury bond yields moderated. This followed the House of Representatives’ passage of President Donald Trump’s mammoth tax cut legislation. A spike on Wednesday in yields on 10- and 30-year US bonds sent stocks sharply lower. This happened amid revived worries about a sell-off

Bond market concerns over Trump tax bill

The determination of the administration to continue with tax cuts, come what may, is an expression of one of the most fundamental features of the US economy—the dependence of corporations and finance capital on money from the state.

Stocks drift as worries about the government's soaring debt continue to weigh

NEW YORK — Stocks drifted to a mixed close on Wall Street Thursday in what has been a rocky week so far because of worries coming out of the bond market about the U.S. government's mounting debt.

Stocks swing to a flat close as bond yields spike on U.S. debt worries

Stocks closed flat on Thursday after swinging from losses to gains, while bond activity indicated worries about the U.S.' fiscal future.