Treasury Bonds
An episode of the Garner Isn't podcast, hosted by Ed Garner, titled "Treasury Bonds" was published on March 27, 2023 and runs 29 minutes.
March 27, 2023 ·29m · Garner Isn't
Summary
Treasury Bonds. China holds nearly 1 trillion dollars in U.S. securities. Most of it was bought during the financial banking crisis that began in 2008. By 2011 they had bought 1.5 trillion dollars to stop the bleeding. That debt paid 2% interest when our total Federal debt was 14.9 trillion dollars. The stock market dropped with the Dow Jones Average in 2007 at 16,000 to 6,400 in 2009, Today our Federal debt is over 31 trillion dollars and the Dow Jones is about 32,000 with the Federal Reserve raising interest rates to fight inflation. So why is Janet Yellen going to China? Does China want to sell 1 trillion dollars in Treasury Bonds?
Episode Description
Treasury Bonds. China holds nearly 1 trillion dollars in U.S. securities. Most of it was bought during the financial banking crisis that began in 2008. By 2011 they had bought 1.5 trillion dollars to stop the bleeding. That debt paid 2% interest when our total Federal debt was 14.9 trillion dollars. The stock market dropped with the Dow Jones Average in 2007 at 16,000 to 6,400 in 2009, Today our Federal debt is over 31 trillion dollars and the Dow Jones is about 32,000 with the Federal Reserve raising interest rates to fight inflation. So why is Janet Yellen going to China? Does China want to sell 1 trillion dollars in Treasury Bonds?
MUSIC John Williams,Johann Johannsson, Tyler Bates, Queen & Bowie