Episode Details
Back to Episodes
UBS On-Air: Paul Donovan Daily Audio 'BBB'
Published 7 months, 4 weeks ago
Description
US President Trump labelled the budget proposal trying to pass Congress a “Big Beautiful Bill.” BBB might be an unfortunate alliteration given concerns about the US credit rating. The details of the budget are constantly changing, so their effects are hard to judge, but the broad impact is to push the US further along a rising debt path. Bond investors are less than happy.