Skip to main content

Featured

Inside 'Alligator Alcatraz': Migrants Detail Harrowing Conditions and Health Risks

A growing chorus of detainees held at the "Alligator Alcatraz" migrant detention centre in the southern United States has drawn national scrutiny for what many are describing as deeply inhumane living conditions. Eyewitness accounts and internal reports detail issues ranging from inadequate food—allegedly containing worms—to overcrowded cells and restricted medical access. According to testimonies, meals provided to detainees are often spoiled or visibly contaminated, triggering health concerns among advocates and family members. One former detainee recalled being served chicken crawling with maggots, describing the experience as “degrading and traumatic.” These claims have sparked outrage and prompted calls for government investigation. Beyond food safety, accounts also highlight unsanitary living quarters, verbal abuse, and prolonged periods of isolation. Mental health professionals warn that such conditions not only violate international human rights standards but may lead...

article

Fiscal Challenges Ahead: U.S. Bonds Face Uncertainty Under Trump’s New Term

 

As Donald Trump begins his new term as U.S. President, the fiscal landscape presents significant challenges that could impact the nation’s bond market. The prospect of rising government debt levels has already influenced investor sentiment, pushing U.S. government bond yields higher.

Trump’s trade and tax policies are expected to reignite inflation, exacerbating the fiscal strain. This scenario has led to concerns among investors, often referred to as “bond vigilantes,” who may dump government debt over worries about increasing deficits. The benchmark 10-year Treasury yield has already risen to 4.479% in response to these concerns.

A critical hurdle for the new administration will be the reinstatement of the federal debt ceiling on January 2, 2025. This ceiling, which was suspended in 2023, must be approved by a majority of lawmakers. Past disputes over the debt limit have brought the country close to default, affecting its credit rating.

Analysts predict volatility in the bond market around these negotiations, even if a default is avoided. Measures such as Treasury puts or credit default swaps might be used to hedge against this volatility. The Treasury Department may need to employ extraordinary measures to fund the government until the so-called X date, when it can no longer meet all its obligations.

In summary, Trump’s presidency is expected to bring fiscal challenges that could strain the U.S. bond market, with rising deficits and potential volatility as key concerns for investors.


Comments

Popular Posts