# Prof. Kim Schoenholtz on the US bond market

1 Faculty News May 22, 2012 ![U.S. News and World Report logo](/sites/default/files/styles/246w/public/assets/images/con_030501.jpg?itok=1EF-s0wb)>

Excerpt from [US News & World Report](http://www.usnews.com/news/articles/2012/05/22/what-historically-low-treasury-yields-say-about-the-economy) -- "'The bond market is not imposing discipline on us as borrowers,' says [Kim Schoenholtz](http://w4.stern.nyu.edu/faculty/bio/kim-schoenholtz), professor of management practice at NYU's Stern School of Business. 'Often countries are compelled to \[consolidate\] when markets charge them a risk premium. For the moment markets are not charging the U.S. a risk premium.'"

[Read more](http://www.usnews.com/news/articles/2012/05/22/what-historically-low-treasury-yields-say-about-the-economy)