The bond market is shaking Wall Street again, this time because of worries about tax cuts
  • May 22, 2025

The bond market is shaking Wall Street again, this time because of worries about tax cuts

While the bond market is typically seen as slower moving, it can pack a heavy punch when it’s alarmed. The House of Representatives approved a bill of tax breaks early Thursday that could add trillions of dollars to the federal government’s debt, and it’s heading to the Senate next. Worries about the U.S. debt have sent yields jumping in the bond market, which in turn has shaken the stock market.

Why Williams-Sonoma (WSM) Stock Is Falling Today
  • May 22, 2025

Why Williams-Sonoma (WSM) Stock Is Falling Today

Shares of kitchenware and home goods retailer Williams-Sonoma (NYSE:WSM) fell 5.1% in the afternoon session after the company reported underwhelming first-quarter 2025 results, as it provided full-year guidance which was in line but warned of tariff headwinds and macro uncertainty. In addition, gross margin missed, and store count continued to fall, raising concerns about the health of demand.

Why Garrett Motion Stock Is Rebounding Today
  • May 22, 2025

Why Garrett Motion Stock Is Rebounding Today

Garrett sold off after announcing some of its private equity holders were reducing their stake. Yesterday, shares of Garrett Motion (NASDAQ: GTX) fell 10% after the company announced a big secondary offering. Shares of Garrett Motion are up 9% as of 10:45 a.m. ET, and the stock is now down just 3% over the past five days.

Analysis-Global bond markets signal governments must pay more to borrow long-term
  • May 22, 2025

Analysis-Global bond markets signal governments must pay more to borrow long-term

SINGAPORE/LONDON (Reuters) -From ho-hum debt auctions to plunging long-term bond prices, investors are sending a clear message to governments that in the current climate of uncertainty they need to pay more to borrow for decades ahead. Yields of government bonds with the longest maturities have risen sharply not just in the United States, where the chaotic first months of Donald Trump's second term in the White House are causing investors to demand better returns on their bond holdings, but also in Japan and Britain. Multi-billion dollar government bond sales, which used to be a seamless process for big economies, are becoming the arena for bond vigilantes questioning government profligacy and inflation outlooks.