Bloomberg (May 19)
“‘Sell America’ is back as Moody’s pushes 30-year yield to 5%.” Just a week after traders “had to react quickly to weekend news of an improvement in trade relations between the US and China,” they will again have to paddle hard, but this time in the opposite direction. Rising Treasury yields are also expected to “complicate the government’s ability to cut back by running up its interest payments, while also threatening to weaken the economy by forcing up rates on loans such as mortgages and credit cards.”
Tags: 5%, China, Economy, Government, Interest payments, Loans, Moody, Mortgages, Rates, Sell America, Threatening, Traders, Treasury yields, U.S., Weaken
Newsweek (March 29)
“While the Trump administration is optimistic about the country’s growth prospects… economists are voicing gloomy forecasts.” Among them, “Moody’s Chief Economist Mark Zandi on Thursday compared the current levels of uncertainty to those seen during 9/11 and the 2008 financial crash, having previously said that he felt the country was being ‘pushed into a recession’ by Donald Trump’s tariff policies.”
Tags: 2008 financial crash, 9/11, Economists, Gloomy forecasts, Growth prospects, Moody, Optimistic, Recession, Tariff policies, Trump, Uncertainty, Voicing, Zandi
