Surge in Treasury yields points to U.S. debt concerns as Trump’s tax bill advances. Investors want this fix. - MarketWatch
1. U.S. government bonds selloff drives higher yields and investor concerns. 2. VIX spiked due to weak 20-year Treasury auction results. 3. Moody's downgraded U.S. credit rating, raising fiscal sustainability worries. 4. Investors seek reassurances on U.S. debt and fiscal policy. 5. Higher bond yields increase financial instability and potential recession risks.