
The ‘big beautiful’ budget vs the bond market
Unhedged
00:00
Fiscal Policy and Bond Market Dynamics
This chapter explores the intricate relationship between government fiscal policy and the bond market, assessing the effects of budgetary decisions on market sentiment and investment strategies. It highlights the potential consequences of increasing deficit spending and significant debt levels, comparing the strategies of the two major political parties in the U.S. The discussion further examines how different fiscal approaches and proposed cuts to essential programs like Medicaid may impact the sustainability of the bond market.
Transcript
Play full episode