Trump bill's steep price tag surprised bond market, Fed official says

thehill.com/business/5313924-trump-fiscal-policy-bond-market

A top Federal Reserve official said the steep cost of President Trump's major policy bill caught the bond market off-guard, leading to a spike in U.S. interest rates.
In a Thursday interview, Federal Reserve Governor Christopher Waller said bond traders were "surprised" by a lack of…

This story appeared on thehill.com, 2025-05-22 16:07:48.
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