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Podcast: Lykken on Lending
Episode: "Suite: Judy Blue Eyes" Hesitation, Higher Yields, or More Interest. Hard Choices - TMSpotlight by Les Parker
Description: 06-03-2024 "Suite: Judy Blue Eyes" Hesitation, Higher Yields, or More Interest. Hard Choices.--------------------------It's getting to the point, Jay is no fun anymore. He is sorry.Recent Treasury auctions show investor hesitation to buy. Do they expect higher yields? The low appetite, coupled with the higher-for-longer Fed policy, will cost the high-debt US federal government more interest.According to projections by the OECD, an intergovernmental organization with 38 member countries, US gross debt will exceed 200% by 2040 if policies remain unchanged, and...