The Bond Market Is Flipping Out. Here’s Why You Should Care.

For the past few months, you’ve probably been hearing about the turbulence in the bond market. Today, Ben Casselman, the chief economics correspondent for The New York Times, explains what has been happening, and why it matters. Guest: Ben Casselman, the chief economics correspondent for The New York Times. Background reading: How to make sense of mayhem in the bond market.The bond market issued a swift rebuke last week to the Trump administration’s latest attempt to lower borrowing costs. Photo: Rod Lamkey Jr. for The New York Times <p...