Why the bond market is trading on the tax bill

Ryan Kailath Dec 20, 2017
HTML EMBED:
COPY

Why the bond market is trading on the tax bill

Ryan Kailath Dec 20, 2017
HTML EMBED:
COPY

Today, Republicans celebrated the passage of their tax bill. Some predicted that the stock market would soar on the news. But it’s the bond market that has had the most interesting reaction to the bill’s passage. Here’s why. 

Click the audio player above to hear the full story. 

We’re here to help you navigate this changed world and economy.

Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.

In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.

Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.