How will the U.S. Repay $30 Trillion in Debt?
With Congress considering yet another stimulus bill with the price tag measured in trillions, Victor Davis Hanson offers a sobering reminder of what comes...
Fed Goes Junk Shopping
The Federal Reserve has destroyed investors' sense of risk. Bloomberg's Davide Scigliuzzo, Craig Torres, and Lisa Lee explain how no junk debt is too risk for...
Margin of Safety Still Matters: High-Yield Bond ETFs Crater
For much of the last five years, junk bonds have outpaced short-term investment-grade bonds. Ultra-low interest rates, quantitative easing, and a central bank set...
Coronavirus Infects Stock Market: Part II
Yesterday you read that the coronavirus was causing panic in markets, sending stock prices plummeting. Below you can see that, while DJIA stock prices...
Don’t Let Tax-Free Wag Your Fixed Income Investments
When you read about crap muni bonds issued by Chicago, you see why they do not belong in your portfolio. The Editors at The...
Junk Bond Traders are Extra Jumpy over Ratings Downgrades
In normal times, junk bond traders will often have ratings downgrades priced in well before the ratings agencies get around to making it official....
Best of Young Research 2019: Income Investing
Below are five of Young Research’s most popular income investing posts of 2019.
Here's How to Explain Negative Interest Rates to Your Spouse
Vanguard GNMA Outlook 2020
Is...
Why Bonds Always Matter to You
I want you to look at my chart above, Bonds vs. Stocks. What I’ve done for you is offer a look at the Fourth...
Bonds vs. Stocks: First Things First
Bonds play a role in your portfolio even when interest rates are low. You absolutely, without a doubt, must consider your risk first and...
Are Investors Ready to Demand Higher Yields?
Worries about the future returns in bonds have heightened the possibility investors will begin demanding higher yields. Daniel Kruger reports at The Wall Street...