Long-term bond yields hit a long-term high
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The government is selling 30-year bonds with interest rates at a quarter-century high. We talk with Greg Ip at the Wall Street Journal about how that could be a warning from investors over stubborn inflation and mounting debt. Also in this episode, we look at how energy prices shape the Producer Price Index, rising prices for retailers, and coal slipping as an energy source, before diving into infrastructure with a look at Puerto Ricoβs water crisis and solar panel installation in Ann Arbor, Michigan.
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