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This Is What's Actually Happening When The Government Auctions Bonds

This Is What's Actually Happening When The Government Auctions Bonds

Every week, hosts Joe Weisenthal and Tracy Alloway take you on a not-so-random walk through hot topics in markets, finance and economics.

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.

 

To contact the editor responsible for this story: Topher Forhecz at tforhecz@bloomberg.net

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