Rising ACA premiums, falling enrollment: It's a vicious cycle

Affordable Care Act premiums are rising after Congress let enhanced subsidies expire, causing about a million fewer Americans to enroll for 2026 and setting off a feedback loop that will push premiums even higher. The episode also covers record-breaking global bond yields, early tariff refunds arriving for businesses, and worsening utility rate forecasts. The stories illustrate how interconnected policy, financial markets, and household budgets can be.