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.
There is a simple truth that continues to elude the mainstream economists. Here it is: The Fed follows the bond market. So, there is no need to hang on Jerome Powell's every word. All you need to do is... well, here's our Head of Global Research, Murray Gunn, with the full explanation -- and a handy chart.