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That "big, beautiful" tax bill could shock the bond market

That "big, beautiful" tax bill could shock the bond market

Marketplace

May 14, 202525m 25s

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Show Notes

Early estimates say the GOP’s tax bill will add $3.8 trillion in deficits over the next 10 years. (This, despite President Trump’s insistence on shrinking the national debt.) But amid economic instability caused by the trade war and federal spending cuts, will the bond market snap up all that government debt? Plus: What to look for in Thursday's producer price index, why moving manufacturing to the U.S. will be easier for some sectors than others and how grocery store generics became so popular.