Markus' Academy

Long-Term Interest Rates, Fiscal Policy & Term Premium | Markus' Academy | Ep. 132

Markus' Academy

Show Notes

Follow the link for the full summary: https://markusacademy.substack.com/p/long-term-interest-rates-fiscal-policy Link to sign up for the webinar series: https://markusacademy.substack.com/

On Friday, November 15, Torsten Slok joined Markus’ Academy for a conversation on Long-term Interest Rates, Fiscal Policy and the Term Premium. Torsten Slok is Partner and Chief Economist at Apollo. Introductory remarks by Markus Brunnermeier. Timestamps:[6:38] Overview[15:02] The fundamentals of the U.S. budget[24:49] The maturity structure of U.S. debt [42:58] The ownership structure of U.S. debt[52:59] No signs of weakness in Treasury auctions[1:01:42] The term premium, the reserve currency status, and the Fed

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