Investigative Economics

The current collapse in the Treasury bond market is commonly said to be a remnant of oil prices following the conflict around the Strait of Hormuz.

Bond yields have been intertwined with rising oil prices, and

In the past week, Treasury bonds saw a large selloff as prices collapsed with foreign ownership of T-bills in stark decline. All of it related to sky-high oil prices.

In a recent interview, U.S. Treasury Secretary Scott Bessent

While much attention has been paid to predatory lending leading up to the subprime crisis—high-interest lending without the borrowers knowing the ramifications—numerous states were more awash in predatory borrowing—where borrowers falsify details to obtain loans they wouldn’t otherwise qualify for.

Alt-A, or Alternative A-paper, loans in particular we...

The common theme of the 2007-2008 financial crisis is that the housing bubble led more and more people with weaker credit to take a chance on homeownership using subprime lending. Banks were eager to lend money even to those who usually couldn’t afford a home or provide proof of income.

Homes became overvalued.