The Exchange cover image

Recession Call Reversal, Warning Shot to Washington?, and Prices at the Pump 8/2/23

The Exchange

00:00

The Fed's Decision to Refund the Debt Ceiling

Bond yields have moved higher even in light of weaker economic data earlier this week. The 10 and 30 year at their highest levels since November of last year, the two year as Dan said, up at nearly 5%. And that's what we're using to fund the deficit right now. David Hardin: It plays into the idea that investors this year have really turned towards managing their risk.

Play episode from 12:28
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app