President Trump’s ‘big beautiful spending’ bill is giving investors pause as bond yields move higher over debt and deficit concerns. The 10-year Treasury yield topped 4.5% creating headwinds for U.S.

In the world’s biggest bond market, investors are pushing back against President Donald Trump’s tax-cut plan. On Wednesday, they drove yields on benchmark 30-year Treasuries to as high as 5.1%, leaving them just shy of a two-decade high and sparking declines in stocks and the dollar,

European stocks tumbled, the euro gave back some gains, and euro zone government bond yields fell sharply on Friday after U.S. President Donald Trump said he is recommending a straight 50% tariff on goods from the European Union starting on June 1.

Investors worried about the US debt pile are weighing the House vote to approve President Trump's "big, beautiful" tax bill.

Stocks fell in Europe while bonds rallied as US President Donald Trump threatened a 50% tariff on the European Union starting in June.The Stoxx Europe 600 Index slid 0.9% by the close in London, with tariff-exposed autos among the biggest decliners,

Harvard University's bonds, which are part of the Ivy League school's $8.2 billion debt pile, struggled on Friday amid an increasingly fraught standoff with U.S. President Donald Trump's administration.

Yields on the 30-year bond reached 5.089%, the highest since October 2023, after a lackluster auction for 20-year securities. Yields on the 10-year Treasury note rose to 4.595%, the highest since February.

After the United States lost its last perfect credit rating on Friday, Republicans and Democrats responded by pointing fingers at each other.