What's a floating-rate note and how does it work?
Paddy Hirsch Aug 6, 2012
The Treasury Department is planning to roll out a floating-rate note program in about a year. But what is a floating-rate note and why do we need one? Sr. Producer Paddy Hirsch explains with a boat analogy.
Explaining the Fed's 'Operation Twist' with diamonds
Paddy Hirsch Jun 26, 2012
The Federal Reserve's most recent policy move is simply a way of driving down interest rates. But how does it work? Sr. Producer Paddy Hirsch explains Operation Twist with a simple analogy.
Who are the biggest holders of U.S. debt?
Kai Ryssdal Jun 4, 2012
There's always talk that foreigners -- China, especially -- hold all of our debt, but that isn't true.
Why the Fed is buying back Treasuries and how that helps
Paddy Hirsch Jan 21, 2011
Here's an email I got earllier this week:...
What are we talking about?
Bob Moon Oct 15, 2008
When you hear us warning that the credit market shows signs of severe stress, what's the index to watch? There's no easy answer. There's a...
