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The Dow closed lower by 817 points, or 1.91%. The broader S&P 500 slid 1.61% and the tech-heavy Nasdaq Composite fell 1.41%.
Bond "vigilantes" appear to be circling the globe, sending yields on government debt higher, partly on concerns about worsening fiscal situations.
(Reuters) -The U.S. Treasury Department saw soft demand for a $16 billion sale of 20-year bonds on Wednesday with investors ...
Indian equity markets experienced a sharp decline on Tuesday, with the Sensex crashing by 873 points and the Nifty slipping ...
The Treasury sold $16 billion worth of 20-year bonds, and the auction settled with a 20-year Treasury yield above 5%, ...
The U.S. dollar fell for a third day against a range of currencies on Wednesday, as investors worried about the Trump ...
Moody’s decision to downgrade the US’s credit rating is a slap on the wrist. In the past, the US might have dismissed it, but ...
The ringgit ended higher yesterday as concerns over the fiscal health of the United States continued to weigh on the ...
Wall Street’s worries about a ballooning deficit that threatens America’s status as a safe haven were reflected in a $16 ...
Investor sentiment has been fragile since Moody's last week downgraded the United States' credit rating, stoking worries ...
A gauge of the dollar fell to its lowest mark in a month as traders awaited a Group-of-Seven meeting this week for any signs that the Trump administration is seeking a weaker US currency.
The U.S. dollar has had a rough year. Long a key pillar of the global financial system, its status has come into question ...