Barry speaks with Robin Wigglesworth, editor of Financial Times' Alphaville blog and author of the new book 'A Fabulous Debt: The Epic Story of How Bonds Built the Modern World'. They discuss the bond market as the engine of the global economy, why the 30-year mortgage is "a miracle of the modern world," and when we should actually start worrying about US debt. See omnystudio.com/listener (https://omnystudio.com/listener) for privacy information. Each week, "At the Money" discusses an important topic in money management. From portfolio construction to taxes and cutting down on fees, join Barry Ritholtz to learn the best ways to put your money to work. Check out more At the Money: https://www.youtube.com/playlist?list=PLe4PRejZgr0O7QcmQBElzBauNakxrSZre Subscribe to Bloomberg Podcasts: https://bit.ly/BloombergPodcasts Visit us: https://www.bloomberg.com/podcasts Follow Bloomberg Podcasts on Twitter: https://twitter.com/podcasts Visit our other YouTube channels: Bloomberg Television: https://www.youtube.com/@markets Bloomberg Originals: https://www.youtube.com/bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake For coverage on news, markets and more: http://www.bloomberg.com/video #Business #Investing #Podcast