TIANA’S TAKE: Bond market meltdown shows MAGA needs a deficit-reducing response before election day

International markets are rattled by global events. That was made clear by the Aug. 18 widespread global selloff of U.S. Treasury securities, raising 30-year yields to roughly 5.34%, the highest level since 2007. There are several causes for the rising investor anxiety. This includes renewed conflict in the Middle East, along with a continued guessing…