Latest / The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
Why The Bond Market Is Silent Right Now
With the ten-year Treasury yield holding near five percent and the yield curve steepening slightly, the usual panic signals are muted. Lucas and Luna explore why bond investors aren't fleeing US debt despite record-high federal borrowing costs. They examine how steady jobless claims and a stable Fed funds rate have kept inflation expectations anchored, allowing long-term Treasuries to trade without the volatility seen in previous cycles. This episode breaks down the mechanics of current Treasury auctions, the role of foreign holdings, and what this quiet market environment means for your…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.