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Podcast: Your Personal Bank
Episode: We have a New Administration. What this means for our Money.
Description: President Trump has signed many executive orders.  Some of the challenges will be resolved quickly. Others will take more time.  The federal debt will likely push yields and interest rates higher for several years. Ferenc shares why this is happening.  When bonds mature, the government sells a new bond at the current interest rate. About $3T of the $36T of total debt matured in 2024. That was an all-time record.  Almost no one is aware that about $7T of bands will mature and have to be sold in 2025. This will push bond yields, interest rates, and borrowing costs higher.  Multi-trillion dollars of bonds w...