Goldman Sachs CEO: Bond traders are more concerned about U.S. government debt than tariffs

John Waldron, president of Goldman Sachs, said bond traders were increasingly concerned about rising US government debt levels, which had now become a bigger risk than tariffs. "While all the focus has been on tariffs, I think the focus is really shifting, especially in the bond market, to the US budget debate and the fiscal situation, which I think is a bit worrisome," said Mr. Waldron. "I think the biggest risk at the macro level right now is actually not tariffs anymore."