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1. U.S. Budget Deficit Hits Highest Level Since 2012: Treasury Department 2. U.S. Budget Deficit Growing, Could Top $1 Trillion This Year 3. How the U.S. Budget Deficit Impacts the Economy 4. What Is a Budget Deficit and How Does It Affect You? 5. Budget Deficit by Year: U.S. Debt Since 1929 6. What Happens When a Government Has a Budget Deficit? 7. The Pros and Cons of Budget Deficits 8. How to Reduce a Budget Deficit 9. The Impact of Budget Deficits on Economic Growth 10. Video: What Is a Budget Deficit?
The week starts with a jump in US yields and a weaker dollar after Moody’s downgraded the US credit rating from the top Aaa to Aa1, citing concerns about the US’ rapidly rising debt toward the $37 trillion mark and a budget deficit reaching 7% — the highest in peacetime. Moody’s decision is unsurprising, as S&P and Fitch had already downgraded the US below AAA. If Moody’s hadn’t followed suit, it risked undermining its own credibility.
The EUR/USD pair climbed to 1.1243 on Tuesday, marking another attempt to break free from the narrow trading range it has occupied for over a week. This latest upward movement could prove more decisive than previous efforts.
Earlier this week, Moody’s shocked the markets with a US credit downgrade, citing the national budget deficit. With that downgrade, the dollar slipped, and triggerd the flight to safety in gold. That’s why gold rallied back to $3,288. That’s ...
Around the world, yields on longer-dated sovereign debt have soared as investors question the ability of governments to cover massive budget deficits. In the US, 30-year bond yields this week approached levels last seen in 2007 as President Donald Trump’s tax bill is poised to swell the budget deficit.
Market mood is astonishingly great this week on the back of a global decline in yields, triggered by the Japanese government’s will to adjust the size of its bond issuance amid a selloff in long-maturity bonds sent 30- to 40-year JGB yields to all-time highs on growing concerns that the Japanese government won’t be able to cover its massive budget deficits. But the yields are higher again this morning, hinting that the volatility there continues.
1. Steve Davis is leaving DOGE (NYT). 2. 18 minute podcast with 3takeaways. 3. TV show about SBF and Caroline? 4. Where the tariff case stands. 5. Finding talent in Ghana in the age of AI. 6. “Mayor Daniel Lurie plans to close San Francisco’s massive budget deficit by slashing about 1,400 city jobs and […]
What’s the most important economic reform that President Ferdinand “Bongbong” Marcos, Jr. can do at this stage? Is it to amend the restrictive economic provisions in the Constitution? Is it to increase taxes and reduce our budget deficit? Is it to increase government spending on infrastructure and health? No, the most important economic reform that […]
In a significant development this April, France's government budget balance deteriorated sharply, with the deficit reaching -69.3 billion euros. This is a notable decline from the -47.0 billion euros reported in March 2025. The latest figures, updated on 3rd June 2025, indicate a growing fiscal challenge for the French government.The deepening of the budget deficit marks a concerning trend, suggesting that governmental expenses have significantly outpaced revenues over the period. Such an increase in the budget deficit could have widespread implications for the French economy, potentially affecting public spending, borrowing costs, and economic growth.Policy-makers will likely find themselves under pressure to address the rising deficit as they balance the need for economic stability with supporting key sectors. As France navigates through this fiscal issue, international and domestic stakeholders will closely monitor the government's policy responses to ensure sustainable economic management.The material has been provided by InstaForex Company - www.instaforex.com