Stock and bond markets are sitting on a knife’s edge of doubt over the Trump administration’s tariffs and the impact of Congress’ budget bill on the federal deficit. Bond-rating agency Moody’s last week downgraded America’s credit worthiness.

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Trump’s tariffs and the global trade war continue to affect markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.

European shares have opened higher and Asian stocks were mixed as U.S. Treasury yields eased after a rocky week due to worries in the bond market over mounting U.S. government debt.

Global investors admit to flying blind in markets roiled by erratic U.S. trade rhetoric and chaotic economic forecasting, stressing that placing long-term bets was harder now than at any time since the 2020 COVID-19 crisis.

Caution was returning to the stock market ahead of the long Memorial Day weekend, with bond markets set to close early on Friday.

Stocks have rebounded since President Trump’s tariff announcement sparked market turmoil. But there is still some trouble in the bond market. Since April 2, declines in the prices of longer ...

Bond market jitters are back — and this time, it’s not just about inflation.  The 30-year Treasury yield (^TYX) climbed as high as 5.15% on Thursday, its highest since 2023 and, before that, levels not seen since 2007,