Topic: Bond Market

Open Red Coin Purse on light blue background with copy space, minimalistic style. Research Brief / Investing

Muni Bond Buyers Pay a Little Extra for the Pleasure of Not Being Taxed

Doing so, they subsidize government, which is, well, sort of like a tax

An illustration of a man at the end of a cliff trying to pull up a coin tied to a string Research Brief / Markets

Options Market Signals Scope of Federal Reserve Interventions

Traders see an implicit promise beyond specific asset purchases

An image of the national debt amount Research Brief / Debt

How Much Debt Can the Government Roll Over Forever?

Public bonds compete against other investments; a model of that relationship

Lettered wooden pieces arranged to spell the words "stock" and "bond". The two words share a single "O" piece. Research Brief / Corporate Investment

How Bond and Stock Prices Combine to Influence Corporate Investment

Equity volatility can encourage — or dampen — investment, depending on a firm’s bond spread

Composite image of stock charts overlaid on an image of a laptop Research Brief / Investing

Banks Rent Out Their Balance Sheets — So Derivatives Cost More

Even before Dodd-Frank rules, the costs were significant

Lehman Brothers building on September 15 Research Brief / Investing

When Financial Intermediaries Sneeze, These Assets Catch a Cold

Some investment vehicles are more reliant than others on the health of trading firms

Different countries currencies in a collage format Research Brief / Bond Market

Out of the 1990s Asian Crisis, a New Bond Market Rises

Local currency sovereign bonds transfer risk from issuer to buyer

Anderson Review Monthly Quiz Jul 2020 Quiz

Pencils Ready — You May Begin

The value of schmoozing, $3.4 trillion gone missing, the mystery of momentum investing, and more

Jay Powell Research Brief / Markets

Corporate Bond Market Meltdown Averted after Fed Action

Decade-old bank-risk limits may have exacerbated liquidity problems

Illustration of bond certificates as a boat in the ocean filled with water Research Brief / Bond Market

A ‘Safer’ Treasury Bond

The government’s floating rate notes feature an added measure of security: higher interest earnings in times of rising rates

Street sign with Past, Present, Future and collage of bond certificates Research Brief / Bond Market

With Bonds, the Past Can Be Prologue

Patterns in corporate bond returns include abrupt short-term performance reversals and “momentum” waves that persist

New York Met Life building Research Brief / Investing

How Life Insurers Insulate the Markets from Turmoil

Valentin Haddad’s research finds that insurers’ patient investing shields risky assets — and those who hold them — from steeper declines

A group of people on separate phone lines Research Brief / Markets

Financial Constraints on Intermediaries Cause Asset Mispricing

Real-world bond data reveals how the capital positions and liquidity of middlemen affect prices of securities they broker

Street signs Research Brief / Interest Rates

Are Interest Rates Really So Low?

Adjusting for inflation — and, crucially, for taxes — shows bond investors fare better than they might think