Now, this is a bad title for the White House. Just as the volatile swing markets related to tariffs have disappeared, and only temporarily, as the clock is still ticking in a pause on “reciprocal tariffs” – fears that U.S. debt will trigger another widespread sell-off in the market. This time, investors are cautious as President Donald Trump's tax bill is expected to increase by 3 trillion to $5 trillion, citing nonpartisan analysts.

The U.S., which is financially challenged, means investors will demand higher returns to hold the country’s debt. Indeed, fiscal yields jumped Wednesday. The 30-year Treasury bond yields crossed the 5% level for the second time this week, while the 10-year trading was 4.61%, the highest since February. Although the average price of the gains on the rise in yields falls, they also promise higher returns under potentially reduced risk, thus making the stock less attractive.

Under peak pressure, this means higher borrowing costs for companies and consumers - The U.S. market sold Wednesday, with a sharp reversal from the rally starting on May 12, which gave the S&P 500 a six-day streak. Unlike tariffs that Trump seems to be able to unilaterally summon or unilaterally dismissed in his wave of hands, tax bills need to go through different levels of the government and be agreed by vulnerable politicians. It is hard to imagine that "Trump's" happening here.

Selling in the US market
U.S. markets fell on Wednesday about the worsening fiscal health of the country. this S&P 500 Lossed 1.61% Dow Jones Industrial Average Falling 1.91%, Nasdaq Composite Materials Give up 1.41%. The Ministry of Finance has a peak, 30-year rate of return It reached 5.085%, the highest since October 2023 10-year rate of return At a level not seen since February, it was 4.607%.

Threat of U.S. debt expansion
CNBC's Jeff Cox wrote. If President Donald Trump’s “big and beautiful” spending bill passes, worry that the U.S. deficit could widen more and keep Treasury yields high.

Bitcoin exceeds previous highs
Bitcoin Prices rose 3.2% during Asian trading hours to a new high of $111,416, breaking its January record, according to Coin Metrics. Elsewhere in the market, the Asia-Pacific market fell on Thursday. Hong Kong's Hang Seng Tech index includes 30 Hong Kong-listed technology companies, with a decline of about 1.4%. Despite the stake in Chinese electric vehicle manufacturers xpeng Thursday was about 6.6% on Thursday, under earnings savings and guidance for the second quarter, prompting analysts to be more optimistic about the growth of its stock.

Openai snaps up Jony Ive's startup
Openai said in a blog post Wednesday that it is buying before apple Chief Design Officer Jony Ive's artificial intelligence device startup (IO) is priced at about $6.4 billion in an all-share agreement. Openai said the deal has paid $5 billion because it already owns 23% of the company. The deal brings OpenAI into the hardware world and highlights the growing significance of Smart AI assistants that can disrupt the world of gadgets.

US chip export control "failed": NVIDIA CEO
NVIDIA CEO Jensen Huang said Wednesday that at Taiwan’s AI trade show, U.S. chip export controls were “failed” and warned that the restrictions caused more damage to U.S. operations than China. Huang added that these policies have reduced AI chip leaders' market share from 95% to 50% and have inspired Beijing to make its own chips faster.

(Pro) Boeing can deliver: Etihad
Abu Dhabi's Etihad Airways said it could navigate the turbulence surrounding Boeing's delays, even as it gradually reduced major widebody orders and multi-billion-dollar fleet overhauls. That's why Gulf Airlines is confident of working with the embattled American aircraft manufacturer.

Emerging Markets Says As the "Sell Us" narrative gets ground, next bull

As Moody's recently downgraded its U.S. credit rating, the "Sell Us" narrative gained new momentum, and emerging market stocks are in the spotlight again.

"The dollar is weak, U.S. bonds are the highest yields, and China's economic recovery ... nothing is better than emerging market stocks," the Bank of America team led by investment strategist Michael Hartnett said in a note.

Similarly, JPMorgan upgraded emerging market stocks from neutral to overweight on Monday, citing a thaw in the U.S.-China trade tensions and attractive valuations.

Confidence in U.S. assets eroded, selling in the U.S. Treasury, stocks and green backpacks, driving bullishness in emerging markets.