Author: Daniel snow

The Marriner S. Eccles Federal Reserve building in Washington, D.C.Stefani Reynolds | Bloomberg Creative Photos | Getty ImagesA sell-off in global bonds is accelerating as Moody’s downgrade of U.S. credit rating and President Donald Trump’s tax bill has brought to fore investors’ fiscal concerns globally.Events such as credit rating downgrades or budgets that risk expanding deficits tend to bring fiscal concerns front and center of investors’ minds, forcing them to reprice long-end risk, said Rong Ren Goh, Portfolio Manager, Fixed Income, Eastspring Investments.While Trump was unable to sway GOP dissenters to support his broad tax bill that could drive U.S.…

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