For the past few months, you’ve probably been hearing about the turbulence in the bond market.

Today, Ben Casselman, the chief economics correspondent for The New York Times, explains what has been happening, and why it matters.

Guest: Ben Casselman, the chief economics correspondent for The New York Times.

Background reading:

Photo: Rod Lamkey Jr. for The New York Times

For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.

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The Bond Market Is Flipping Out. Here’s Why You Should Care.

The Daily