ANALYSIS-US Treasury rout tests Washington's tolerance for higher borrowing costs
Published on: May 24, 2026, 11:05 p.m. | Source: Devdiscourse
And some Republicans in Congress are growing concerned at some of Trump's calls for spending ahead of the midterm elections which will decide whether they maintain thin control of the House and Senate. Rising Treasury yields feed directly into borrowing costs across the economy, including mortgages, credit cards and business loans, and can cause financial stability issues.
