Is the Big Beautiful Bill a step too far for bond markets?

Is the Big Beautiful Bill a step too far for bond markets?

Released Wednesday, 11th June 2025
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Is the Big Beautiful Bill a step too far for bond markets?

Is the Big Beautiful Bill a step too far for bond markets?

Is the Big Beautiful Bill a step too far for bond markets?

Is the Big Beautiful Bill a step too far for bond markets?

Wednesday, 11th June 2025
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The Trump administration is pursuing a significant fiscal expansion with its “One Big Beautiful Bill” Act. But with long-term bond yields rising, and Section 899 potentially making the US a less attractive place to invest, investor appetite to finance the US deficit may be waning. Paul and Luke discuss the size of the deficit increase, whether tariff revenue can offset tax cuts, and what Elon Musk leaving DOGE means for fiscal policy.

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