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Podcast: Odd Lots
Episode:

This Is What's Actually Happening When The Government Auctions Bonds

Category: Business
Duration: 00:29:19
Publish Date: 2018-07-09 03:00:00
Description: Thanks to the tax cuts, the U.S. deficit is expected to surge again. And of course that's brought greater attention to the government's semi-regular Treasury auctions. But the government borrowing money isn't like a household borrowing money, and analogies between the two can be misleading. On this week's Odd Lots podcast, we speak to Brian Romanchuk, the author of BondEconomics.com and a long time financial industry veteran, about what's actually happening when the government taps the debt market.
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