central banks
The costs and risks associated with debt have shifted from the borrower to the lender.
What are the effects of buy-side concentration on the structure of the corporate bond market?
Evan L. Jones’s vantage point as a manager of managers brings invaluable insight to the most vital issues facing investment professionals.
Central Bank of Brazil governor Roberto Campos Neto, CFA, discusses the monetary policy response to the COVID-19 crisis in an interview with Marg Franklin, CFA.
The Fed could be setting the US economy up for a harder fall down the road.
With low, nil, or negative yields, how much can bonds still contribute to a portfolio?
Richard H. Clarida discussed what he calls "an evolution in Fed communication."
In today's bull market, the bezzle, or "inventory of undiscovered embezzlements," isn't stocked with Ponzi schemes and the like. Rather it is built on the notion that risky assets have become practically risk-free.
“You don’t have a lot to work with when the next discussion around the table is negative interest rates,” says Danielle DiMartino Booth.
In this important contribution to the literature, noted monetary macroeconomists argue that the global financial crisis of 2007–2008 was caused by a crash in money growth.