Advanced ➔ Results Market ExtraTreasury rout grows as tariffs and supply test demand after tax and spending billPublished: July 8, 2025 at 7:00 a.
ETResizeListen(4 min)Treasury market sells off as President Trump threatens new tariffs and first batch of U. Debt will be sold after GOP’s ”big, beautiful” bill. Photo: Chip Somodevilla/Getty ImagesU.
Government bonds sold off in tandem with stocks on Monday after President Donald Trump threatened to apply higher tariffs on a group of trading partners in less than a month.
Trump said Monday that goods from Japan and South Korea would be hit with 25% tariffs on Aug. 1, while the rate on imports from Myanmar and Laos will rise to 40%.
That’s up from a 10% baseline tariff since April. The Author Joy WiltermuthJoy Wiltermuth is a news editor and senior reporter based in New York.
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Real-time last sale data for U. Stock quotes reflect trades reported through Nasdaq only. Intraday data delayed at least 15 minutes or per exchange requirements.