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

Odd Lots

Bloomberg

News, Investing, Business, News Commentary, Business News

4.4 • 1.6K Ratings

🗓️ 9 July 2018

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

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.

See omnystudio.com/listener for privacy information.

Transcript

Click on a timestamp to play from that location

0:00.0	Thought Creators, the Podcast for Financial Experts, brought to you by FAB.
0:08.0	My guest today is Sarah Piersada Osmani, head of Sustainable Asset and Project Finance at
0:13.4	FAB.
0:14.4	FAB has committed to lend, arrange and facilitate up to US dollar 75 billion of
0:20.2	sustainable finance by 2030.
0:23.0	Plot Creators.
0:25.0	The Podcast for Financial Experts brought to you by FAB.
0:30.0	The media alone can't ease the tensions that come from the debate surrounding the issues we deal with every day.
0:35.7	However, we can create spaces where people can freely kick the tires of their preconceived notions.
0:41.2	I'm Tim O'Brien, and I'm the senior executive editor at
0:43.8	Bloomberg Opinion. On our platform we ask tough questions and solve complex problems
0:48.6	with the facts in mind. Because context changes how you see things and how you change things.
0:53.6	Context changes everything.
0:55.6	Start exploring our opinion coverage and more at Bloomberg.com.
0:58.8	subscribe. And Hello and I'm Tracy Allaway.
1:15.0	I'm Tracey Allaway.
1:18.0	Tracy, there's a lot of talk about the deficit and the debt these days.
1:24.8	For a long time, maybe that sort of story went away,
1:28.3	but with the tax cuts and people wondering
1:31.4	when the next downturn comes back,
1:33.4	it really feels like government debt is a big story again.
1:37.6	Yeah, absolutely.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Bloomberg, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Bloomberg and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.