Bond markets shrug off Treasury intervention, with yields rebounding

CEI’s Senior Economist Ryan Young was cited by The Washington Examiner regarding bond markets.

Ryan Young, a senior economist at the Competitive Enterprise Institute, told the Washington Examiner that the rising yields are a sign of unease from investors and emphasized that this week the national debt just crossed the milestone of $40 trillion.

“If investors are looking at buying a 10-year bond or a 30-year bond, they’re thinking, ‘Am I going to get my money back in 10 years or 30 years?’” Young said. “That’s not as risk-free as it used to be, which is why the government is having to offer higher and higher premiums to entice people to take on that now riskier debt.”

Read the full article at the Washington Examiner.