How the Bond Market Will Affect Your Wallet
Yields on U.S. Treasuries continued to rise this week, climbing near a 20-year high. There are many reasons why this is happening but the main driver of this run-up is inflation. As the cost of government borrowing keeps creeping up, it will trickle down to everyday Americans, impacting all kinds of consumer debt. WSJ's Jack Pitcher breaks down what's behind the bond market volatility. Jessica Mendoza hosts.
Further Listening:
- Let’s Talk Bonds. Treasury Bonds.
- The Economy Is Booming. Why Does It Feel Like a Bust?
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