Markets watching for any signs foreign investors are souring on US debt. Pullback in bond buying from central banks could send borrowing costs higher.
The Iran-Israel war has plunged the stock market back into choppy waters. But investors seem unable to find a lifeboat that can carry them to safety.
Stocks came under pressure Tuesday but continue to hover near record highs, staging a ferocious comeback since their April lows.
President Donald Trump’s tax and budget bill would increase deficits by $2.8 trillion over the next decade after including other economic effects.