The government is selling 30-year bonds with interest rates at a quarter-century high. Plus: the Producer Price Index, coal’s decline, a water crisis, and solar energy.
"Marketplace" host Kai Ryssdal talks with Geg Ip at the Wall Street Journal about the signals that the bond market is trying to send about the economy.
Utilities see more upside in relatively cheap solar cells than expensive new coal-burning plants. That’s despite the Trump administration’s efforts to boost coal as a source of electricity.
Electricity is getting more expensive and less reliable. Local power, like solar panels and batteries, helps solve those problems, but they’re expensive. That’s why Ann Arbor, Michigan, is installing them on homes for free.