bond

Mayor Mamdani’s budget crisis is causing chaos in the NYC bond market

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Mayor Mamdani's budget crisis is causing chaos in the NYC bond market

New York City bonds have suddenly become a hot topic on Wall Street — and you can thank socialist mayor Zohran Mamdani for this surprising development. This past week, the Big Apple went to investors to sell billions of dollars in municipal bonds. When Mamdani made his best example of Fidel Castro, the city sold … Read more

America’s debt suddenly draws less demand as $10 trillion must be passed this year during the Iran war. ‘The bond market remains unbeatable’ | Good luck

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America's debt suddenly draws less demand as $10 trillion must be passed this year during the Iran war. 'The bond market remains unbeatable' | Good luck

President Donald Trump’s war against Iran is clashing with US bond investors, who have shown little appetite for Treasury securities as they hope the war will end soon. This past week, auctions of two-, five- and seven-year Treasury notes all attracted weak demand, forcing yields higher than expected. That’s a big difference from last month, … Read more