October 19, 2021
The volatility of cryptocurrencies have made them a poor medium of exchange, serving more as a speculative asset.
April 8, 2020
Interest rates on municipal bonds have risen dramatically, which has implications for investors, cities and states, and for state and local pension benefits.
March 15, 2020
The Fed cut interest rates and announced plans to lend $1.5 trillion to banks and financial institutions and purchase $37 trillion in U.S. Treasury securities.
September 8, 2019
Corporate debt in the U.S. stands at or near all-time highs. It is important to pay attention not just to the amount of debt but also to its composition.
December 6, 2018
An inverted yield curve — when interest rates on short-term Treasury bonds exceed those on longer-term Treasury bonds — has preceded recent U.S. recessions.