Odd Lots
Odd Lots
Bloomberg
This Is What's Actually Happening When The Government Auctions Bonds
27 minutes Posted Jul 9, 2018 at 8:00 am.
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Thanks to the tax cuts, the U.S. deficit is expected to surge again. And of course that's brought greater attention to the government's semi-regular Treasury auctions. But the government borrowing money isn't like a household borrowing money, and analogies between the two can be misleading. On this week's Odd Lots podcast, we speak to Brian Romanchuk, the author of BondEconomics.com and a long time financial industry veteran, about what's actually happening when the government taps the debt market. 

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