In a further sign of the mania gripping the bond market, Germany issued €3.15bn of zero-interest ten-year bonds last week.
Markets have been spooked by the inversion of the US bond yield curve, which often – but not always – heralds a recession.
Government bond yields are turning negative. John Stepek looks at why people would pay to borrow from governments, and what it means for the markets and for your money.
Markets took fright on Friday after the US Treasury bond “yield curve” inverted. John Stepek explains what that means, and why markets fear we could be heading for a recession.
The cost of borrowing for governments around the world is creeping higher. John Stepek explains why that’s so important for investors.
As the US Federal Reserve backs off, John Stepek looks at how quantitative tightening is affecting the global economy’s most important charts.
A savings account isn’t always practical. Here’s what to do with the cash in your portfolio.
As the stockmarket rally peters out, John Stepek looks to the global economy’s most important charts to see where we might go from here.
A convertible bond is a fixed-rate instrument that can convert into shares at a specific share price, which is preset by the issuing company at a premium over the current share price.
The US defaulting on its debt is almost unthinkable. But with Trump in charge, it’s a tiny bit more thinkable than it was. And that would have disastrous consequences for the dollar.
Forget the year’s political shenanigans. They’ve been largely irrelevant to the markets. The one thing driving the markets this year was Jerome Powell’s appointment as chair of the Fed. Here’s why.