The economist who coined the term ‘bond vigilantes’ warns those investors are ready for another ride
There’s reason to be concerned about bond vigilantes, who are no longer under “lock and key” and are free to push yields higher, Ed Yardeni says.
With another volatile plunge Friday, the Dow Jones industrial average has traveled more than 22,000 points this week.
High-level talks involving the U.K. Treasury and U.S. Justice departments earlier this week aimed to resolve a fine for Royal Bank of Scotland.
Big-spending budget pact rattles markets, threatens what some analysts see as a ‘next fiscal crisis’
Investors weren’t relishing the idea of a government shutdown, but don’t appear excited with what they got in its place.