The House version of the bill is calculated to add about $3.8 trillion to the federal government's $36.2 trillion in debt over the next decade, according to the Congressional Budget Office.

President Trump’s ‘big beautiful spending’ bill is giving investors pause as bond yields move higher over debt and deficit concerns. The 10-year Treasury yield topped 4.5% creating headwinds for U.S.

Financial markets are looking for more “fiscal discipline” from Washington, a top official at the Federal Reserve warned.

Donald Trump's self-described "big, beautiful" tax bill has officially passed the House of Representatives and is now headed to the Senate.

Bond investors see a lot to be worried about from Washington policy. That could have repercussions for taxpayers.

President Trump’s tax plan has sparked concern among investors, driving Treasury bond yields to a nearly two decade high amid growing worries over U.S. debt.

Overall, the Republican tax bill, known as the One Big Beautiful Bill Act, would add $2.3 trillion to the deficit over 10 years, according to the CBO.

By Suzanne McGee (Reuters) -Investors are fearing that projections for the U.S. debt mountain could increase further when a sweeping tax and spending bill goes through the Senate, with the risk that bond yields stay higher for longer.