Posted on

Fear of Inflation Finds a Foothold in the Bond Market

The so-called bond vigilantes may be back, 30 years after they led a sell-off in Treasury securities over the prospect of higher government spending by a new Democratic administration.The Federal […]




Posted on

The Financial Crisis the World Forgot

By the middle of March 2020 a sense of anxiety pervaded the Federal Reserve. The fast-unfolding coronavirus pandemic was rippling through global markets in dangerous ways.Trading in Treasurys — the […]




Posted on

Investors Are Focused on Treasurys. Here’s What the Fed Could Do.

Longer-term interest rates have jumped in recent weeks, a move that has been broadly interpreted as a sign that investors are betting higher growth and slightly faster inflation may be […]




Posted on

Why Market Investors Are Now Troubled by Signs of Surging Growth

Investors had no trouble gliding past the death and economic devastation wrought by the pandemic last year to drive the market to record highs. An increasingly healthy economy is what’s […]




Posted on

Private Equity Firms Are Piling On Debt to Pay Dividends

Part of her legislative agenda remains holding the private equity industry “accountable for what happens with their target companies,” she said in a statement late last month when asked about […]







Posted on

How the Stock Market’s Relentless Rise Saved Companies

Companies hit hard by the downturn also opted to issue bonds to raise cash last year — a record $2.28 trillion, 60 percent more than in 2019, according to figures […]




Posted on

10 Challenges Biden Faces in Righting the Economy

All presidents come into office vowing to rapidly put into effect an ambitious agenda. But for Joseph R. Biden Jr., the raging coronavirus pandemic and the economic pain it is […]







Posted on

The Year the Fed Changed Forever

WASHINGTON — As Jerome H. Powell, the Federal Reserve chair, rang in 2020 in Florida, where he was celebrating his son’s wedding, his work life seemed to be entering a […]