According to Coin World News, Arif Hussain, head of fixed income at T. Rowe Price, pointed out that the passage of Trump's "beautiful big plan" is expected to lead to an increase in the U.S. fundamental deficit, thereby putting pressure on the long end of the U.S. Treasury yield curve. He stated, "Tax cuts will keep the U.S. fiscal deficit high for the foreseeable future and put pressure on the long end of the U.S. Treasury yield curve." A qualitative consideration that may worsen the situation is that if the U.S. no longer plays the role of "global police," the future expected increase in foreign demand for U.S. Treasury issuance will be in question. In this context, T. Rowe Price indicated that 10-year and longer-term U.S. Treasuries may face significant pressure.