Latest / The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
How Treasury Auctions Are Pricing In The Debt Overhang
With the federal debt total hovering near thirty-nine point five trillion dollars and the ten-year yield sitting at five percent, the mechanics of how Washington borrows are shifting under our feet. This episode dissects the growing disconnect between short-term rate cuts and long-term borrowing costs. We look at why the bid-to-cover ratio in recent Treasury auctions is sending a quiet signal about investor appetite, and what that means for anyone holding fixed-income assets in this quarter. If walking through the economy with us has made something click, support keeps this ad-free: buy me a…
The skinny
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