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After a Terrible Year for Bonds, the Outlook Is Better

“Basically, it’s never been worse than the last year,” he said in an interview.The FundamentalsBonds are loans made by investors who, in return, receive regular income, known as yield. Market […]




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How Do Higher Interest Rates Bring Down Inflation?

This kind of communication was less common 30 years ago. But a series of Fed chairs — Alan Greenspan, Ben S. Bernanke and Janet L. Yellen — expanded the practice. […]