Cost of financing on the rise for the U.S. government
This interview originally aired on In the Moment on SDPB Radio.
It's getting more expensive to finance the federal government. Is that a sign of trouble for the U.S. economy?
Joe Santos, Ph.D., joins In the Moment for a look at long-term interest rates, or yields to maturity. He discusses what the rising rates mean for the government and for your pocketbook.