The instability of the global financial system and the potential for another crash have been underscored by a major sell-off of government bonds this week.…
Bond market
The new fixed-income haven is, of all things, the market for junk bonds. With government bonds in Germany to Japan yielding less than nothing, money…
The stock market has recovered sharply from the lows hit in the financial crisis. All the major indices are at or near record highs. This…