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The U.S. bond market isn’t thrilled about the direction of U.S. fiscal policy, and the House-led reconciliation package isn’t helping. But Senate Republicans aren’t itching to change course.
The Vault
May 25, 2025

Bonds are stressed. Will Republicans listen?

The U.S. bond market isn’t thrilled about the direction of U.S. fiscal policy, and the House-led reconciliation package isn’t helping. But Senate Republicans aren’t itching to change course.

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