They're trying to give lots of visibility we're going to be borrowing. Except how many of you watch what happened yesterday? They put out their refunding notice saying hey, turns out well This quarter we're going to have to borrow about 41 billion more than we expected. And the next moment you have a two year bond, excuse me, two year note there's different definitions when it's two years shorter, paper shorter, a two year note and it went over 5% and it's remained there today. (15:13–15:18)
CLAIM
Asserts that the U.S. government needs to borrow $41 billion more than anticipated this quarter.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
