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Home > Marketplace with Kai Ryssdal > When the government pays more on its debt, so do you
Podcast: Marketplace with Kai Ryssdal
Episode:

When the government pays more on its debt, so do you

Category: Business
Duration: 00:27:05
Publish Date: 2022-09-20 23:18:06
Description:

In anticipation of more rate hikes by the Federal Reserve this week, the yield on the 10-year Treasury note finished at the highest it’s been in more than a decade. In today’s episode, we’ll break down what a higher interest rate on the government’s debt means for everyday Americans, from higher rates on personal loans to a potential hiring slowdown. Plus, home prices still won’t come down, and many Puerto Ricans are without flood insurance.

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