April 5, 2021
John Campbell of Harvard University and Michael Klein discuss the links between financial markets and the broader economy.
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.
May 14, 2018
Changes to stock prices can offer insight into the market’s perception of which companies will gain or lose from government policy changes. An index tracking companies that saw big changes on Election Day reflects evolving perceptions of the ability of the Trump administration to enact its policies.