Episode Details
Back to EpisodesYields up: implications of the U.S. credit downgrade (August 7, 2023)
Published 2 years, 8 months ago
Description
Yields have moved meaningfully higher in the last week, but it’s not all because of the U.S. credit rating downgrade. This week, Lauren Goodwin and Julia Hermann discuss not just what the downgrade implies for U.S. economic health, but also how Treasury issuance and a decision by the Bank of Japan are pressuring financing costs higher.