Pat LaCroix | Stone | Getty Images

The $1.2 trillion high-yield debt market could face a double whammy as spreads tighten and investors use the corporate earnings season starting in the second week of October as an excuse to take even more profits. “I think there’s a huge story in high yield that’s been brewing for some time. Even in the non-commodities …

Getty Images
The Puerto Rican Capitol in San Juan

After months of high-level discussions, Puerto Rico officials are proposing a huge raft of changes to address their island’s $72 billion debt burden, including installing new accounting and financial systems, consolidating schools and decreasing tax evasion while increasing the revenue capture rate. The long-awaited fiscal adjustment plan was released Wednesday. It was developed by Puerto …

Carl Court I Getty Images
An employee views trading screens at the offices of Panmure Gordon and Co. in London.

They may not be paying much, but bonds are suddenly looking pretty good. Last week, while stocks plunged, government bond prices rose sharply. The yield on the 10-year Treasury fell more than 15 basis points to 2.05 percent in the last two days of the week. On Monday morning, the 10-year yield dipped below 2 …

Puerto Rico debt crisis

Puerto Rico has paid back nearly $2 billion of debt, but there’s still a lot of uncertainty about what may happen next.

Puerto Rico on the brink

Kate Kelly tells us what options Puerto Rico might have, as the country unable to pay off most of its debt.

StockstudioX | E+ | Getty Images

Bonds, the seemingly boring and inscrutable partner to equities, don’t usually generate much excitement. But they play important roles in portfolio planning, offering diversification and fixed-income opportunities. The wide variety of bond instruments provides the opportunity for age-appropriate strategies throughout the client’s life span. CNBC consulted with several advisors on how they employ bonds when …

Getty Images
The Federal Reserve Building in Washington, D.C.

Live by central bank liquidity, die by central bank liquidity. That could well become the mantra for a bond market that, after years of support by the Federal Reserve and its global counterparts, now finds itself suffering under the unintended consequences of the trillions in easing distributed to allay the fears of a market in …

ECB: get used to bond volatility

European Central Bank President, Mario Draghi, addressed the recent volatility in the bond market.

Hugociss | Moment | Getty Images

Six months ago, Maura Shaughnessy couldn’t find a single utilities company to buy. Back then, these businesses were on a tear—the S&P 500 Utilities sub-index was up 26 percent in 2014—which made it difficult to find undervalued opportunities. Things have cooled off dramatically since. The sector is down about 7 percent year-to-date, while its price-to-earnings …

Interest rates on the rise

The volatility in the stock market is partly because of the bond market, which saw the yield on the 10-year hit a six-month high.


Bond investors are scrambling to figure out whether interest rates have bottomed and where to deploy their cash. European government bond and U.S. 10-year Treasury yields are trading at their highest levels in more than two months and the U.S. 30-year Treasury bond yield reached a high for the year on Tuesday. As yields rise …

PIMCO CIO on the economy & markets

Scott Mather, Pimco CIO, runs the world’s biggest bond fund and it’s outperforming its peers. He shares his thoughts on the economy, fixed income and the Federal Reserve.

Getty Images

From the looks of the bond market, you might think the economy was heading south—and fast. March’s retail sales rose 0.9 percent, the first increase after three months of declines but shy of the 1.1 percent expected. It showed consumers were spending again, and the economy is not tipping toward recession. Yet, Treasury yields, which …

Global reaction to ECB stimulus

Nightly Business Report has reaction to the European Central Bank’s new historic bond-buying program from our across Europe.


The interest rate on the U.S. government’s 10-year Treasury fell below 2 percent on Tuesday morning for the first time since mid-October, as fears over global growth led a flight to safety. Investors continued to buy sovereign debt amid the selloff in equities with the U.S. 10-year yield falling for a seventh straight session. The …