When the government pays more on its debt, so do you
Sep 20, 2022

When the government pays more on its debt, so do you

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What a high yield on 10-year T-notes means. Plus, trail improvements in Wyoming, and the informal economy that supports NYC food couriers.

Segments From this episode

Why high yields on Treasury notes should worry you

Sep 20, 2022
Higher yields on government bonds mean the interest rate you pay for pretty much everything also climbs.
Since the yield on Treasury debt has shot up in recent months, "we’ve passed at least half of that on to consumers and in many cases more than that," said Matt Dundas at Carvana.
LPETTET/Getty Images

Why are home prices still rising?

Sep 20, 2022
As interest rates climb, people who own homes with low mortgage rates have little incentive to sell, keeping the supply tight.
High mortgage rates are keeping some would-be sellers in their homes.
Justin Sullivan/Getty Images

It costs how much to ship that? How one commission is tackling inflation at the ports

Sep 20, 2022
A new law has given the Federal Maritime Commission the teeth it needs to tackle high shipping fees and congestion at the ports.
President Joe Biden believes taming shipping freight costs is an integral part of bringing inflation back down. He has empowered the Federal Maritime Commission to tackle it at the ports.
Justin Sullivan/Getty Images

Puerto Ricans who thought hurricane insurance covered flooding may have a rude awakening

Sep 20, 2022
Did wind or water cause the damage to their homes? That's up to the insurance adjuster.
In the wake of Hurricane Fiona, an estimated 80% of Puerto Rico's population still lack electricity. Many people are stranded after more than 30 inches of rain fell in some areas.
AFP via Getty Images

NYC's delivery drivers depend on e-bikes, but charging and storing them isn't easy

Sep 20, 2022
E-bikes are particularly popular among food delivery workers, and an informal, underground economy has sprung up to support them.
New York City is considering banning e-bikes from public housing after a number of fires have been attributed to their rechargeable batteries.
Eduardo Munoz/AFP via Getty Images

Wyoming hopes recreational trail improvements will spur tourism

Sep 20, 2022
Updating old cattle trails, logging roads and wildlife migration trails could provide a crucial boost to local economies, some say.
Ryan Grove of Sublette Trails Association fixes an old trail in the Wind River Range in northwest Wyoming.
Caitlin Tan/Wyoming Public Media

Music from the episode

Good To Me Freddie Joachim
One Dance Drake, Wizkid, Kyla
Sky's the Limit Notorious B.I.G., 112
Return of the Mack Mark Morrison

The team

Nancy Farghalli Executive Producer
Daisy Palacios Senior Producer
Sean McHenry Associate Producer
Andie Corban Associate Producer
Richard Cunningham Associate Producer