Why Are Bond Yields Rising Everywhere? The “Most Important Market on Earth,”

Why Are Bond Yields Rising Everywhere? The “Most Important Market on Earth,” This week, financial records fell all over the planet — and most people never noticed, because they fell in a market that almost nobody watches. In Japan, the government’s 10-year borrowing rate crossed 3% for the first time since 1996. In the UK, … Read more

Yield Curve: The Simple Line That Predicts Recessions

The Yield Curve Explained: The Simple Line That Predicts Recessions The yield curve is a single line on a chart that has predicted nearly every US recession for decades — and when it does something unusual, economists around the world hold their breath. It sounds like an intimidating piece of financial jargon, but the idea … Read more