Make Me Smart

What is an economy of caution?

Mar 4, 2025 · 15 min · Episode 1341 · 15.4 MB
0:00-15:52

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Today, we’re talking about one of Kai’s favorite topics: bonds! The yield on the 10-year Treasury note (the benchmark for mortgages and car loans) is down sharply, which is great for consumers. But it’s happening for not necessarily great reasons. We’ll explain. Plus, why Kimberly is keeping a close eye on one of her go-to government websites. And, she’ll share tales from her trip to Venice’s famed carnival.


Here’s everything we talked about today:






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