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.
The U.S. central bank is worried: China's real estate, emerging market debt, the U.S. housing market... Yet, the glaring omission from the list of threats is the Fed itself! Our Head of Global Strategy explains.