Movin’ out
Marketplace
Marketplace
4.6 • 8.5K Ratings
🗓️ 4 October 2023
⏱️ 28 minutes
🧾️ Download transcript
Summary
Nearly half of young adults in the U.S. are living with family — the highest rate since the 1940s, according to a Bloomberg survey. In this episode, we’ll talk to some of them about the hurdles they’re facing, from high rents to cutthroat competition. Plus, Americans are spending less at restaurants and the EU is investigating China’s electric vehicle subsidies. We’ll also hear from Politico’s Sudeep Reddy about whether the bond market could jeopardize the chances for a soft landing.
Transcript
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| 0:00.0 | It is the last few days of our fall fundraiser and we're making progress toward our goal |
| 0:04.5 | of 2,000 marketplace investors. |
| 0:07.0 | This is a different kind of goal for us, one of the centers on your participation. |
| 0:10.8 | So whether it's your first ever donation, whether you're able to chip in again, or if |
| 0:15.0 | you're starting or increasing a monthly gift, every single gift counts. |
| 0:18.8 | So please stand up as one of our vital marketplace investors and do it by Friday. |
| 0:23.0 | Go to Marketplace.org slash donate. |
| 0:30.0 | Okay, hear me out now. |
| 0:33.7 | If one bond market story is good, two is better, right? |
| 0:39.7 | From American public media, this is Marketplace. |
| 0:52.7 | In Los Angeles, I'm Kai Rizdal. |
| 0:54.6 | It is Wednesday, the 4th of October. |
| 0:57.1 | Good as always to have you along. |
| 0:59.2 | Everybody we are going to start today, where we started yesterday, except different. |
| 1:04.8 | Matt Levin, you might remember, ran us through the challenges that rising bond yields pose |
| 1:09.2 | for the federal government and for consumers. |
| 1:12.0 | The yield on the tenure treasurer note topped out yesterday at a bit more than 4.8%. |
| 1:17.1 | It is a little lower today, but nonetheless, we've still got some questions we need answered. |
| 1:22.1 | So we got city ready from Politico on the phone to talk things over. |
| 1:25.4 | It's good to have you back on a non-Friday. |
| 1:28.4 | Hey Kai, happy non-Friday. |
| 1:30.1 | Happy non-Friday. |
... |
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