The value of the benchmark 10-year Treasury note is down, amid signs the U.S. economy is gathering strength. The yield is up to 2.14 percent, and 30-year mortgage rates are inching close to 4 percent, the highest in a year.
The SEC meets with experts Tuesday about the alleged conflicts of interest in the bond-rating industry, after delaying new rules to deal with the issue.
The value of the Japanese yen fell to its lowest level in four years after a huge monetary stimulus package was unveiled last week, and the effects of the stimulus are starting to be felt far away from Japan.
Japan is fed up with deflation and a sluggish economy, and its central bank is getting aggressive. Today, the Bank of Japan launched a sweeping bond-buying program to pump money into the economy.
Many school districts around the country are making use of capital appreciation bonds, long-term bonds that can put them into debt for far more than they initially borrowed.
When fears about the stock market boiled over during the economic crash, investors turned to bonds. More than a $1 trillion has gone to buying bonds since 2009, but things are turning around again. Are we on the verge of a bond bubble burst?
