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

John Waldron, president of Goldman Sachs Group Inc., said bond traders are increasingly concerned about rising U.S. government debt levels, which has 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 U.S. budget debate and the fiscal situation, which I think is a little worrying,” said John Waldron, president of Goldman Sachs Group Inc. “I think the biggest risk at the macro level right now is no longer tariffs.”