
E140: LK-99, Sclerotic establishments, Fitch downgrades US debt, Trump indicted... again
All-In with Chamath, Jason, Sacks & Friedberg
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Supply and Demand: How Increasing Bond Issuance Impacts Interest Rates
Purchasing power decreases when relative to other currencies/nFitch ratings downgrade resulted in a sell-off in the tenure bond/nMarket actors adjusted their portfolios/nProjected $2 trillion bond offering and increasing deficits contribute to bigger deficit/nHigher demand for US treasury bonds leads to higher yield and increased bond rates/nPotential increase in tenure from 4.2% to 5-7%
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