US Treasury revenues reach 5 % on financial concerns

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American assets were sold on Monday, when financial concerns were installed after the country’s tripartite credit rating was lost and a huge budget bill in Donald Trump.

The return on US Treasury bonds increased for 30 years, up to 0.06 degrees Celsius to 5 percent on Monday during trading in Asia, while revenues increased for 10 years 0.04 percent to 4.52 percent. The bond returns are inversely transmitted to prices.

American stock futures for S&P 500 and NASDAQ fell by 1 percent and 1.3 percent, respectively. Gold prices increased by 0.5 percent to $ 3.216 per tired ounce, and the US dollar fell by 0.3 percent against a basket of its peers.

The high revenues of the bonds came after the approval of the main congress budget committee on Trump’s tax bill in Washington and after Moodyz It reduced the triple-Wall credit rating from the United States Friday evening. The classification agency has warned of high levels of government debt and budget deficit.

“The draft law helps in raising the long party,” said Subdra Rajaba, head of the United States strategy at Société Générale. “It is always difficult to know the markets that exceed anecdotal evidence from the price, but it seems consistent.”

On Friday, five Republican lawmakers from the House of Representatives budget committee voted against the bill, which led to its progress. On Sunday, the package passed with difficulty in voting the committee.

Trump had pressed the legislators in his party to vote in favor of the bill. On Friday, social media wrote: “The Republicans should unite behind,” one, a beautiful beautiful bill! “We do not need” jabbun “in the Republican Party. Stop speaking, and accomplish it! “

The legislation, which includes hundreds of billions of dollars in new tax cuts that are not corresponding to spending changes, will increase from the federal deficit, which reached 6.4 percent in 2024 – higher than the levels that economists in the long term.

More deficit means more treasury bonds, declining prices and raising the return. Investors sold bonds in anticipation of additional supply and potential inflationary effects of tax discounts.

The administration believes that tax cuts will increase growth, increase revenues and reduce the United States deficit. However, the responsible federal budget projects committee can add up to 5.2 trillion to the national debt over a period of 10 years.