Bond investors take shelter in short government notes as the Fed launches a program to buy junk
Government bills offer a haven as long-dated bonds and equities gush losses
Investors accept default risk on bonds that pay less than nothing
The coming year looks to be a period in which bond markets catch their breath. The Bank of Canada and the Fed appear ready to stand pat
The process of returning to normal will be slow because low rates have cut yields on bank deposits
Senior clients hunting for yield may consider instruments such as mortgage investment corporations and split shares
Banks in Europe and Japan are charging investors to park their money. Could the U.S. and Canada be next?
With government bond rates nearing zero - or less in Europe - demand for corporate debt has surged
An inverted curve foretells a recession. But the arrival, duration and depth of that recession are another matter
Negative rates have already hit Germany. Could below-zero rates come to Canada?