Traders work on the floor of the New York Stock Exchange.
Spencer Platt/Getty Images
hide caption
toggle caption
Spencer Platt/Getty Images
Wall Street is having another volatile week, as the looming national deficit worsens investors’ outlook about the United States and its standing in the world.
Investors are selling off bonds from the U.S. government, as part of a trade known as “Sell America.”
The United States government has had to pay more to borrow in the global debt markets. On Wednesday, the Treasury department found that there was tepid demand for an auction for $20 billion worth of bonds, and ended up…
