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Episode 1341Mar 4, 2025

What is an economy of caution?

Today, we’re talking about one of Kai’s favorite topics: bonds!

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What is an economy of caution?
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Today, we’re talking about one of Kai’s favorite topics: bonds! The yield on the 10-year Treasury note (the benchmark for mortgages and car loans) is down sharply, which is great for consumers. But it’s happening for not necessarily great reasons. We’ll explain. Plus, why Kimberly is keeping a close eye on one of her go-to government websites. And, she’ll share tales from her trip to Venice’s famed carnival. 

 
Kimberly, left, and her sister don Carnival costumes alongside another festival attendee in Venice, Italy.
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Kimberly on a gondola in the canals of Venice.
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Here’s everything we talked about today: 

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The Team

What is an economy of caution?