July 9, 2018· 28 min

This Is What's Actually Happening When The Government Auctions Bonds

Orality
Model
78%
Oral-dominant (speeches, podcasts, storytelling)

Speaker Breakdown

HostTracy Alloway(1,473 words)
M:28%
HostJoe Weisenthal(754 words)
M:29%
GuestBrian Romanchuk(2,303 words)
M:28%

Oral Indicators

Agonistic29%
absolutely, crazy, very
Engagement66%
you, our, your
Memory Aids100%
listen, so, now
Repetition100%
it's (46x), know (45x), they (45x)
Parallelism99%
So why would I pay for stuff I..., And I'm Tracy Alloway...., And I think one of the things ...
Sound Patterns56%
27 question(s), alliteration: "markets move", alliteration: "barclays brief"
Formulaic Phrases4%
i mean

Literate Indicators

Hedging12%
maybe, might, probably
Passive Voice6%
is owned, was called, is sucked
Abstract Nouns24%
investment, business, verizon.com/business
Subordination10%
because, until, although
Sentence Length41%
Avg: 15.3 words/sentence
Word Complexity47%
investment, analyze, anticipate
Academic Markers0%
Impersonal Style34%
320 personal pronouns found
Descriptive Style87%
exactly, apply, monthly

Description

Thanks to the tax cuts, the U.S. deficit is expected to surge again. And of course that's brought greater attention to the government's semi-regular Treasury auctions. But the government borrowing money isn't like a household borrowing money, and analogies between the two can be misleading. On this week's Odd Lots podcast, we speak to Brian Romanchuk, the author of BondEconomics.com and a long time financial industry veteran, about what's actually happening when the government taps the debt market.  See omnystudio.com/listener for privacy information.