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

Longer-term U.S. Treasury yields rose again Wednesday, with the 10-year yield approaching 4.6% and the [30-year rate surging above 5%](

Yields on U.S. government debt finished on Friday with a fourth straight weekly advance, the longest such streak in months, as traders focused on worries over the fiscal outlook. The 10-year yield rose 7.

Trump's budget plan passes House by one vote; Senate showdown next. Despite lower yields, US Dollar climbs as markets brace for inflationary risks. US Treasury yields retreated on Thursday after the 30-year US bond yields reached their highest level in 19 months amid concerns regarding the increase of the US fiscal deficit,

Yields were slightly lower after stabilizing in the previous session, after Trump’s tax bill was passed by the U.S. House of Representatives.

US stocks slid Wednesday afternoon as bond yields continued to climb, putting pressure on equities. Investors weighed a flare-up in US-China tensions over chips and assessed retail earnings highlighted by Target (TGT) for insight into the economic impact of President Trump's tariffs.

Stock futures are pointing to a lower open for major indexes on Wednesday as investors keep close tabs on deliberations in Congress on a sweeping bill that would extend significant tax cuts and boost spending.

Investors have focused this week on a selloff in the Treasury market. But it hasn't affected all Treasurys. Short-term debts, like the 2-year note, have been stable. Only longer-term instruments, like the 10-year note and 30-year bond,

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