Bonds are boring. They are the beige minivan of the investment world. Yet, bond yields (which move inversely to prices) are hugely important. They determine lots of things: from how much companies and governments pay to borrow money -- to the rate you get on your mortgage. To help you navigate the complex world of interest rates, here are some free resources.
Global investors have been clamoring for junk bonds. As our July Global Market Perspective notes: "Demand for junk is so high that analysts are lamenting a 'shortage of high-yield assets for funds to buy.' All the while, financial dangers lurk. Here are the details.