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

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

Odd Lots

July 9, 201827m 35s

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Show Notes

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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