**What is the bond market, and why is it so important for the economy?**
“_When bond yields rise, the cost of every other type of borrowing — credit cards, mortgages, business loans, financing the federal debt — increases._”
🔗 https://www.politifact.com/article/2025/apr/15/what-is-the-bond-market-and-why-is-it-so-important/.