This chapter delves into the details of the US Treasury's upcoming borrowing plan and its implications for the financial market. It explores the increased interest in auctions for higher yields, the potential impact of the Federal Reserve's monetary policy, and the concerns regarding inflation and bond supply.
Bloomberg News Chief Correspondent for Global Macro Markets Liz McCormick explains why the Federal Reserve’s policy statement is setting up to be the No. 2 event on Wednesday, with investor focus instead likely to be on the Treasury Department’s new borrowing plan, due hours ahead of the interest-rate decision. Bloomberg News Personal Finance Reporter Claire Ballentine talks about how the Fed’s fight against inflation is rattling middle-class Americans. Enterprise Holding CEO Chrissy Taylor discusses the car rental provider rebranding as Enterprise Mobility. And we Drive to the Close with Max Wasserman, Founder and Senior Portfolio Manager at Miramar Capital.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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