No matter how ramshackle or indebted the country, buying its bonds is rarely a bad idea, says Matthew Lynn.
John Stepek looks back to the “great bond massacre” of 1994 to find out what we can learn about today’s bond bubble.
Everyone’s eyes are on US bond yields right now. John Stepek explains why they matter so much to the world’s markets, and which assets are most vulnerable.
US bond yields are on the rise, and the easy-money good times will soon be gone. When the markets catch up with that fact, things could get ugly.
In a week when the bond-market action turned to Europe and the SEC turned its sights on Tesla CEO Elon Musk, John Stepek looks at the charts that matter most to the global economy.
Matthew Partridge talks to Simon Fasdal of Saxo Bank about the latest developments in the bond markets, and what they mean for investors.
Ten years after a financial crisis caused by too much debt, the world has an even higher debt load.
If the yield curve reverses and investors are willing to accept lower rates on long-term debt than short-term, it bodes ill for the economy, says John Stepek.
The “inverted yield curve” is an unusually reliable indicator of impending recession. Ben Bernanke, former Fed chairman, thinks it’s nothing to worry about. He’s wrong, says John Stepek. Here’s why.
The Greek debt crisis was contained because the ECB vowed to do “whatever it takes” to backstop things. John Stepek asks if it’s prepared to do the same with Italy.
The decades-long bond bull market could well be over. But it won’t end quietly. Investment strategies that have worked for years, no longer will. John Stepek explains what happens next.