Why the US Government Borrows at an Auction

The US Treasury runs a weekly auction to sell bonds, but how it sets the interest rate is more like an art than a science. In this episode, Lucas and Luna examine the mechanics of a Treasury auction — from the role of primary dealers to the difference between competitive and noncompetitive bids. They walk through a specific recent auction of 10-year notes, explaining why the yield came in at 4.32% and how that number affects everything from mortgage rates to the federal budget. If you've ever wondered how the government really borrows money, this episode gives you the inside view. #TreasuryAuction #GovernmentBorrowing #PublicFinance #TreasuryBonds #PrimaryDealers #10YearNote #Yield #AuctionMechanics #CompetitiveBid #NoncompetitiveBid #USDebt #FederalBudget #Economics #FexingoBusiness #BusinessPodcast #Podcast #Listen #Learn Keep every episode free: buymeacoffee.com/fexingo