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.
Investors have been pouring into bonds like there’s no tomorrow. The degree to which risk is being ignored is remarkable. Indeed, this noteworthy bond-market measure is now at a “record high.”