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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
Higher yields on government bonds mean the interest rate you pay for pretty much everything also climbs.
As interest rates climb, people who own homes with low mortgage rates have little incentive to sell, keeping the supply tight.
A new law has given the Federal Maritime Commission the teeth it needs to tackle high shipping fees and congestion at the ports.
Did wind or water cause the damage to their homes? That's up to the insurance adjuster.
E-bikes are particularly popular among food delivery workers, and an informal, underground economy has sprung up to support them.
Updating old cattle trails, logging roads and wildlife migration trails could provide a crucial boost to local economies, some say.