US Treasury revenues may rise on the Trump tax bill

US President Donald Trump is “big and beautiful” Tax bill It was passed by the House of Representatives on Thursday and heads to the Senate for approval.

If the draft law has surveyed this obstacle and the law becomes, then it “reduces taxes on many people, it increases spending, especially for defense.” He said Jed Ellerbroek, Portfolio manager at Argent Capital Management, in an interview with CNBC. Simply put, the economy will boost the short term.

In addition to the future, the draft law is likely to encourage America with a higher financial deficit. Tax discounts mean decrease in revenuesand while Increased spending on defense It means more money flowing from government treasures. It is a simple mathematical issue: less and more expenses.

Although the returns on US Treasury bonds, which are mainly government debts, have been raised a little from the rise of Wednesday, they are still at high levels compared to earlier in the year. This indicates that investors are not sure to lend money to the White House, and thus demand more safety in the form of higher returns.

In the stock market, investors follow the waiting and vision approach, with the S&P 500 and Dow Jones Industrial Right remains mostly after passing the Trump bill.

There is no less than one part of the good news from Thursday. The United States Supreme Court has strongly suggested that members of the Federal Reserve may have protection from its rejection by the president, which reduces the risk of the collapse of the market caused by the Trump administration.

American stocks often not changed
On Thursday, and S & P 500 and Dow Jon’s industrial average Often closed flatwhile Nasdak He added 0.28 %, like the US House of Representatives He passed the Trump tax bill. The Asia and Pacific markets mostly rose on Friday. Japan Nikki 225 He added 0.6 % at 2 pm in Singapore, amid news about the country Basic inflation – Who excludes fresh food prices – More than expected to 3.5 % in AprilThe highest level since January 2023.

Treasury revenue slightly reduces
Overnight stateside, and 30 years of the US Treasury’s return It decreased to 5.044 % after touching 5.161 % – Top since October 2023 – And 10 years of return It decreased to 4.535 %, with a decrease of approximately 10 basis points from the day before. The sales of the treasury provokes some market monitors to rethink the situation of US government bonds as a safe haven and Rotation of their money to other global assets.

Federal reserve members may have a protection from class
On Thursday, the US Supreme Court suggested that The Federal Reserve members will have a special protection Against shooting by the president. “The federal reserve is a unique, almost special entity, which follows in the distinguished historical traditions of the first and second banks of the United States,” said the majority ruling in the court case on Trump’s launch of the Federal Agency.

China and the United States hold the first call since Geneva
US China has agreed to maintain communication after an invitation between Chinese Foreign Minister Maokoku and US Secretary of State Christopher Landau, according to A brief reading It was issued by the Chinese Ministry of Foreign Affairs on Friday. Although the invitation may not indicate a mutation in commercial talks, it is a “positive sign” known to Beijing now who you are talking to on the American side, said Dan Wang, director of a political risk group in Eurasia.

Launching new models of artificial intelligence
Man, and AmazonOpenai opponent, on Thursday Claude 4 launched the latest models of artificial intelligence. The company said in a statement that the two models, called Claude Obus 4 and Claude Sonnet 4, specify a “new standard” when it comes to artificial intelligence employees. CLADE OPUS 4 is “the best coding model in the world” and can work independently for about a full working day for seven hours, according to Anthropic.

(Pro) Warning sign from the stock market
The markets settled on Thursday after the double sale in stocks and bonds, but A main corner in the stock market Jesse Pound written from CNBC Pro. Although it does not appear that the stagnation is imminent, it is a reminder that the path forward is still rocky.

Why is India not a guaranteed success despite the American definitions of China

While India has definitely appeared as an important center, although Nascent, to the electronics center, the road until it becomes a clear alternative to China is not a guaranteed result, despite the American definitions of Chinese goods.

“The supply and manufacturing chain, these things take a long time to establish it,” said Nick McContaway, head of the Equity Department in Asia in Japan in Asset Management. “We have seen this with Vietnam, who had to put huge investments in the infrastructure.”

“I think India is not only in the early stage of developing these types of manufacturing capabilities facing globally.”

The Fund’s director also highlighted that although the costs of employment may be low in India, this does not mean savings for companies that transfer their manufacturing base to India.