👉 Wall Street investors are concerned about the rising deficit of the United States after a sale of Treasury bonds worth US$ 16 billion showed weak demand, according to Bloomberg.

▶️ The decline affected stock markets, fixed income, and the dollar, while long-term bond yields rose.

▶️  The S&P 500 fell about 1.5%, and Bitcoin lost momentum after reaching a new all-time high.

🟡  Government bonds (Treasuries) saw declines after a weak auction of 20-year bonds, whose coupon rate of 5% was the highest since this category was reintroduced in 2020.

🟡   Long-term debt was the most affected by the sell-off, with yields on 30-year bonds rising 11 basis points, approaching the highest levels since October 2023.