

I don’t understand how prices drop and interest rates rise as a consequence of nations selling bonds. Wouldn’t prices only matter to the buyers and sellers of the bonds? And why would interest rates change?
In any case, if it gets the world to trust the USA much less, as we sadly very much deserve, I’m all for that.
I still don’t understand why interest changes if it’s a fixed interest rate. I get that a bond could be sold for a lower price than initial purchase price, but does the interest rate only apply to the most recent sale price of the bond?