A divided government could shift the bond market
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Treasury yields have been climbing over the past year, which affects the cost of all sorts of borrowing, including mortgages. Treasury is a fancy word for government debt β a government that just got a ton of new lawmakers. So, will a Democratic-led Congress reverse that upward yield trajectory? Weβll explain. Also in this episode: Property tax ballot measures divide voters, data center opposition forges bipartisan bonds in Alabama, and school cafeterias face financial strain.
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Read the stories in todayβs episode:
- How this week’s election results can impact the bond market β and interest rates
- Wyoming and Florida voters come to different conclusions on property tax reform
- Data center opposition is forging unlikely bipartisan alliances in Alabama
- Free school lunch is no longer on the menu for many kids. It’s one of many strains on cafeterias
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