Big Take: Riding The Bond Market Rollercoaster

So, John, there has been a lot of action in the bond market this week. Um, the yield, which is basically the interest rate on the 30-year Treasury, uh, hit a level we have not seen since the financial crisis. The government jumped in to kind of calm things down.What does this mean for us. What does this mean for the rest of us. How does the bond market affect us.What does this mean for the nonbond buyers of the world. Inherently it's not a bad thing when an economy is doing well which overall we know there ...