**Rising U.S. Government Debt Worries Bond Traders – Goldman Sachs President Sounds Alarm**

Goldman Sachs President John Waldron has warned that bond traders are growing increasingly uneasy over the soaring U.S. government debt. According to Waldron, this issue now poses a bigger threat than tariffs, shifting market focus toward fiscal instability.

*"While tariffs dominated discussions before, the bond market is now zeroing in on the U.S. budget debate and worsening fiscal health—and that’s a real concern,"* he said.

Waldron stressed that the most pressing macroeconomic risk today is no longer trade tensions but the unsustainable trajectory of U.S. debt. As debates over spending and deficits heat up, bond markets could face heightened volatility.