Banks hold lots of government bonds, and when their value goes down, it can make lending out money less attractive.
They’re sounding the alarm about the importance of central bank independence.
The outcome of the auction will tell us something about how expensive borrowing will be for the government — and for the rest of us.
Their customer base is shrinking and there’s no appetite for raising prices, aka tuition.
The bond market isn't sure. But some economists are worried.