US government bonds drop as worries over Trump’s tax bill flare up
Stocks also slide after lacklustre $16bn auction for 20-year Treasuries
Economic news
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CoreWeave raises $2bn in junk bond offering
Deal will help AI data centre operator raise fresh capital after size of IPO was cut in Wall Street debut in March
Bitcoin hits record high on hopes US lawmakers will finalise rules
Price hits $109,760 after gaining more than one-third over past month
Spain eases rules in bid to stop IPOs being derailed by market turmoil
Companies will be given 18-month window for shares to start trading, after several eleventh-hour IPO cancellations
Canada’s biggest pension plan increases US exposure
Almost half of Canada Pension Plan Investment Board assets invested in the US despite geopolitical tensions
Bitcoin passes January peak to hit new record high
Price rises to $109,481 on hopes US lawmakers will soon agree first digital assets regulations