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.
Most investors extrapolate financial trends into the future. So, they are usually unprepared when the trend changes. Making matters worse, they also usually miss significant countertrend moves. Let's take a look at the bond market.