Interest rates on long-term bonds have been headed upward since around 2020, after spending decades before that trending downward.
Some have stopped buying, others have sold off holdings, but U.S. government bonds are still more attractive than other alternatives.
The U.S. collects billions in tariff revenue each year and it all ends up with the U.S. Treasury.
The outcome of the auction will tell us something about how expensive borrowing will be for the government — and for the rest of us.
Gold futures rose above $3,000 per ounce.
Wendy Edelberg of Brookings says “political malpractice” might be a bigger risk to economic stability than the government’s massive borrowing.
Investors fear missing out on higher rates of return by locking up the money they put in for 10 years or more.
There’s a hot debate about what it’s doing with its holdings, and the answer could affect how much it costs Americans to borrow money.
The Federal Reserve and major U.S. banks are buying fewer bonds than they used to. Hedge funds are picking up some of the slack.
The $24 trillion Treasury bond market plays an important role in the global financial system. Is there any viable alternative?