Oct 15, 2013
Treasuries come in all ages and levels of maturity.
Oct 11, 2013
Some financial institutions, worried they might not get their money back if the Treasury defaults on its debt, are selling their short term government debt. This presents risks to the financial system and to the economy.
Aug 6, 2012
The Treasury Department is planning to roll out a floating-rate note program in about a year. But what is a floating-rate note and why do we need one? Sr. Producer Paddy Hirsch explains with a boat analogy.
Jun 26, 2012
The Federal Reserve's most recent policy move is simply a way of driving down interest rates. But how does it work? Sr. Producer Paddy Hirsch explains Operation Twist with a simple analogy.
Jun 4, 2012
There's always talk that foreigners -- China, especially -- hold all of our debt, but that isn't true.
Sep 1, 2010
Here's an email I got earllier this week:...