Bond Market Ignored in Spending Plans: Erik Wasson

Bloomberg's Erik Wasson joins Michael McKee on "Bloomberg Real Yield." US bond yields are spiking in part because of concerns over the total US public debt blowing past $40 trillion. Not only are congressional lawmakers shrugging that off, some are indicating that more deficit spending is yet to come. (Source: Bloomberg)

Bloomberg's Erik Wasson joins Michael McKee on "Bloomberg Real Yield." US bond yields are spiking in part because of concerns over the total US public debt blowing past $40 trillion. Not only are congressional lawmakers shrugging that off, some are indicating that more deficit spending is yet to come. (Source: Bloomberg)