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US fiscal woes rattle investors

Financial Express Kochi

|

May 23, 2025

GLOBAL WORRIES DAMPEN SPIRIT

- FE BUREAU

EQUITIES TOOK A sharp tumble on Thursday in sync with other stock markets as skittish investors took risk off the table. Soaring yields on US treasuries, amid fears of increasing debt and a widening fiscal deficit weighed on the investor sentiment.

With the US House of Representatives passing President Donald Trump's tax Bill, by a razor-thin margin, futures markets were subdued in early Thursday trading. The new tax and spending Bill could add about $3.8 trillion to the $36 trillion US debt pile.

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