Everyone's talking about the bond market, and Justin Wolfers is here to explain what's actually going on — without the panic. In this episode of Diving In, he strips the fancy words away: the bond market is just supply and demand for loans, and right now a lot of people want to borrow. When demand for loans goes up, the price of loans — the interest rate — goes up too.
Justin walks through the three forces pushing long-term interest rates higher.
Subscribe — it's the one rate that won't rise no matter what the bond market does:
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