The Monetary System, Part 2: Bonds & Yields (2026) The previous guide in this series ended with a government running a deficit. This one picks up the next question: how does it borrow the money? The answer is the government bond market — the largest, deepest financial … Published Aug 25, 2026 · 40 min read · MacroBond MarketGuideGeneral
The Monetary System, Part 2: Bonds & Yields (2026) The previous guide in this series ended with a government running a deficit. This one picks up the next question: how does it borrow the money? The answer is the government bond market — the largest, deepest financial … Published Aug 25, 2026 · 40 min read · MacroBond MarketGuideGeneral