Sam Goldfarb

New York

Reporter at The Wall Street Journal

credit reporter for @WSJ focusing on corporate debt

Articles

Bond Investors Stay Cool Despite Heated Debate Over Government Borrowing

2 days ago | wsj.com | Sam Goldfarb

Not everybody on Wall Street is panicked about the U.S. fiscal outlook. Just a month ago, a sharp selloff in U.S. Treasurys spurred widespread alarm that the bond market might finally be buckling under the pressure of outsize U.S. borrowing. But bonds have rallied since, boosted in part by mild inflation data that have driven up bets that the Federal Reserve will cut interest rates by the fall. Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Treasury Yields Choppy After Fed Sends Mixed Signals

1 week ago | wsj.com | Sam Goldfarb

Treasury yields have bounced around but are ultimately little changed Wednesday, with the Federal Reserve sending mixed signals about its plans for interest rates. Yields on short-term Treasurys in particular slipped right after the Fed released its latest interest-rate forecasts. Those showed that a slim majority of officials still expect that the central bank will cut rates at least twice this year.
Stablecoin Legislation Will Juice Demand for Treasurys-to a Point

1 week ago | wsj.com | Sam Goldfarb

And because stablecoin issuers back their currencies with short-term Treasurys, many expect them to buy more in coming years. That could help lower borrowing costs not only for the government, but also households and businesses. Yields on Treasurys serve as a benchmark for interest rates on mortgages and other loans.
Stablecoin Legislation Will Juice Demand for Treasurys-to a Point

1 week ago | fnlondon.com | Sam Goldfarb

Stablecoin Legislation Will Juice Demand for Treasurys—to a PointIssuers of digital currencies need Treasury bills for their reserves, but analysts say the consequences are uncertain Published June 18, 2025 at 5:38 PM ET New legislation regulating stablecoins—a type of digital currency pegged to the U.S. dollar—is widely expected to boost demand for Treasurys. But Wall Street isn’t sure how much.
Trump Disclosure Shows $57 Million in Earnings From Early Crypto Push

1 week ago | wsj.com | Sam Goldfarb |Anthony DeBarros |Vicky Huang

President Trump earned around $57 million from his stake in a family-backed cryptocurrency firm last year, according to a new financial disclosure form, showing the early returns on a burgeoning digital-asset empire. Trump’s annual financial disclosure, released by the Office of Government Ethics, reveals his vast and varied income streams and holdings, covering everything from golf resorts to merchandising deals to stock investments in such companies as Apple and Berkshire Hathaway.
Treasury Yields Lifted by Inflation Worries, Consumer Sentiment Data

2 weeks ago | wsj.com | Sam Goldfarb

Treasury yields are higher Friday, with investors calculating that the surge in oil prices could push up overall inflation and make it harder for the Federal Reserve to cut interest rates. While geopolitical instability can sometimes boost Treasurys as investors look to buy safer assets, bonds are not serving as that haven now partly due to those inflation concerns, according to analysts.
Treasury Yields Extend Declines After Strong 30-Year Bond Auction

2 weeks ago | wsj.com | Sam Goldfarb

Treasury yields extended their recent declines after a $22 billion auction of 30-year bonds attracted strong demand from investors. Thursday’s sale completed a successful round of auctions for the government, after a $39 billion auction of 10-year notes on Wednesday also attracted solid interest from buyers. Late Thursday, the 10-year Treasury yield was at 4.357%, down from 4.413% Wednesday.
How the U.S. Government Borrows to Fund Its Massive Budget Shortfall

2 weeks ago | wsj.com | Sam Goldfarb |Danny Dougherty

Growing federal debt is threatening to drive up borrowing costs for Americans Size of debt held by the public 100 % of GDP RECESSION 75 50 25 0 1970 '80 '90 2000 '10 '20 100 % of GDP RECESSION 75 50 25 0 1970 '80 '90 2000 '10 '20 100 % of GDP RECESSION 75 50 25 0 1970 '80 '90 2000 '10 '20 100 % of GDP RECESSION 75 50 25 0 1970 '80 '90 2000 '10 '20 100 % of GDP RECESSION 75 50 25 0 1970 '80 '90 2000 '10 '20 Note: Seasonally adjusted Source: U.S. Office of Management and Budget via St. Louis...
How the U.S. Government Borrows to Fund Its Massive Budget Shortfall

2 weeks ago | wsj.com | Sam Goldfarb |Danny Dougherty

Growing federal debt is threatening to drive up borrowing costs for AmericansThe U.S. government’s outsize debt load is the talk of Wall Street. Some of the biggest names in finance are speaking in increasingly alarmed tones about an issue that has bothered investors for decades. Ray Dalio, founder of the hedge fund Bridgewater Associates, has warned of a debt crisis akin to an “economic heart attack.” Jamie Dimon, chief executive of JPMorgan Chase, is predicting a breakdown in financial markets.
Nasdaq Gains on Hopes for U.S.-China Chips Deal

2 weeks ago | wsj.com | Sam Goldfarb

Major indexes have been grinding higher in recent weeksA rally in chip stocks helped lift major indexes Monday following signs that the Trump administration could ease restrictions on China’s access to semiconductors. The S&P 500 rose 0.1%. The tech-heavy Nasdaq Composite climbed 0.3%, while the Dow Jones Industrial Average fell 1 point, essentially unchanged. Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8