(Bloomberg View) -- Just when it seemed that negative yields could not spread any further, they did. Corporate bonds paying negative interest rates now account for about $512 billion of market value, bringing the world close to a total of...
(Bloomberg View) -- The bond market is telling us that Milton Friedman's 1969 thought experiment -- freshly created money appearing in people's bank accounts, known as helicopter money -- may be closer than we think...
(Bloomberg View) -- As global financial markets convulse in response to British citizens voting to leave the European Union, the stunning outcome of the U.K.'s referendum provides more questions than answers. As discussed on Monday, the...
(Bloomberg View) -- Next week's British referendum on whether to quit the European Union is starting to spook financial markets, with the pound in particular taking fright at the prospect of a win for the secessionists. But a look at what...
(Bloomberg View) -- People have strong opinions about what constitutes affluence. Last week I ventured that U.S. households with six-figure incomes generally make the cut, given that they make up the top quarter of the income distribution. I...
(Bloomberg) -- The buzz around blockchain's potential to reshape Wall Street is more hype than reality right now -- even its top supporters in the financial world acknowledge that. If there's one problem it can start to solve today...
(Bloomberg View) -- The very sharp drop in yields on U.S. Treasuries on Friday suggests that the fixed-income markets have interpreted the last week's disappointing jobs report as an indication that the economy is facing diminishing...
(Bloomberg View) -- Inequality in the U.S. depends on how you look at it: Some groups of rich households, for example, have fared much differently than others. Such nuances are crucial in understanding the phenomenon -- and what policy makers sho...
