Detailed text transcripts for TV channel - MSNBC - 20110711:20:02:00
Oh, my goodness. what would you pay on your credit card? 2.92%? maybe on a home loan. rates are down. oh, no. 2.92%. that's a pretty low risk loan, wouldn't you say? so if our nation was truly at risk of defaulting in armageddon, unable to pay our bills, the end of the world, well, then, really. would the yield on the ten-year bond be 2.92%? let's get right to the washington side of things and nbc at the white house. >> reporter: hi there, dylan. that meeting with president obama and congressional leaders you mentioned just wrapped up. we're hoping that the congressional leaders will come out ...
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