The panic in UK government bond markets that gripped London Monday was a trigger for emergency action by the Bank of England, which... Read more

The Federal Reserve jumped its policy interest rate to 3 percent this week, from 2.25 percent. The Fed reiterated its commitment to... Read more

The U.S. CPI for August shocked the markets this week, leading to an almost 4 percent decline in stock markets. The CPI showed a small... Read more

The Bank of Canada increased its policy rate by 75 basis points on Wednesday. It also stated that the fight to contain inflation is... Read more

Junk bond prices have collapsed, losing more than 15 percent of their value this year. But the push to higher rates by central banks... Read more