How the Bond Market Will Affect Your Wallet
Summary
This episode explores why US Treasury yields hit 20-year highs, driven by sticky inflation, rising oil prices from US-Iran tensions, and uncertainty under Fed Chair Kevin Warsh. Host Jessica Mendoza and markets reporter Jack Pitcher explain how these factors signal potential rate hikes, increasing borrowing costs for mortgages and business loans. The discussion highlights the broader economic risks, including reduced housing inventory and concerns over the US national debt.
Listen ad-free on Castria