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August 21, 2026 20 mins
The swings in the bond market this week had Wall Street scrambling. After bond yields hit a historic high the U.S. Treasury made a surprise announcement: it’s doubling the amount of long term debt it’s buying back. WSJ’s Greg Ip breaks it all down for us, explaining how bonds work, why yields have been on the rise and why we should all pay attention. Jessica Mendoza hosts. Further Listening: - Tariffs Are Back. What’s Changed? - The Dollar Is Weaker. Is That a Good Thing? Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices
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