Tax cuts pushed by President Trump are amplifying debt and deficit concerns among the powerful market players who influence interest rates.

U.S. stock index futures slipped and Treasury yields surged on Wednesday as investors awaited the outcome of a pivotal debate around U.S. President Donald Trump's tax-cut bill that has fanned concerns about the country's growing debt.

Japan's super-long government bond yields have spiked to record highs, as mounting political calls for tax cuts and big spending draw investors' attention to the country's fiscal woes.

Global bond markets face significant shifts as Japanese and US Treasury yields rise sharply, indicating inflation and fiscal pressures. Japan's 30-year yield hits a record high, while Moody's downgrade of US debt raises concerns over its $36 trillion liabilities,

Japan's bond yield surge hints at global market risks. See how it impacts U.S. Treasuries, the yen, and top investments like Toyota and Sony.

A Georgia teen detained by U.S. Immigration and Customs Enforcement after police mistakenly charged her with traffic violations will be released on bond as her deportation proceedings begin, a judge ruled Wednesday,

Cristobal, 19, who was brought to the U.S. from Mexico when she was four years old, still faces deportation charges, the Trump administration said.

Ximena Arias Cristobal was granted bond, weeks after ICE arrested her following traffic charges that were later dismissed.