November Audio Update
In this audio summary, I talk about the unemployment rate and why it is still as high as it is. Hope you find it helpful.
Inflation is the rate at which the value of a currency is falling and, consequently, the general level of prices for goods and services is rising.
The 10-year Treasury note is a debt obligation issued by the United States government with a maturity of 10 years upon initial issuance. A 10-year Treasury note pays interest at a fixed rate once every six months and pays the face value to the holder at maturity. The U.S. government partially funds itself by issuing 10-year Treasury notes.
Treasury bond yields (or rates) are paid by the U.S. government as interest for borrowing money via selling the bond.