Markets

US Bonds Selloff Could Impact Debt-Ridden Canada

While U.S. stock markets soar to record highs after the passing of the Trump administration’s Tax Cuts and Jobs Act, bonds face a rough ride.
US Bonds Selloff Could Impact Debt-Ridden Canada
U.S. House Speaker Paul Ryan speaks after the Tax Cuts and Jobs Act was passed on Dec. 21, 2017, in Washington, D.C. Mark Wilson/Getty Images
Rahul Vaidyanath
|Updated:

NEWS ANALYSIS

While U.S. stock markets soar to record highs after the passing of the Trump administration’s Tax Cuts and Jobs Act, bonds face a rough ride.
A perfect storm is building for higher interest rates. How fast rates rise and if they rise for the right reasons—strong economic growth and the accompanying inflation—are key questions for financial markets. The implications are far-reaching—from threatening U.S. stock markets to the Canadian economy and its highly leveraged borrowers.
Rahul Vaidyanath
Rahul Vaidyanath
Journalist
Rahul Vaidyanath is a journalist with The Epoch Times in Ottawa. His areas of expertise include the economy, financial markets, China, and national defence and security. He has worked for the Bank of Canada, Canada Mortgage and Housing Corp., and investment banks in Toronto, New York, and Los Angeles.
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