Municipal debt issuance surpassed $500 billion last year, a record that’s found a deep pool of buyers. By Talmon Joseph Smith Across America, state and local governments have been selling bonds at a ...
The cost of borrowing is already choking crucial public spending in many developing economies. Now it’s raising broader alarms. By Patricia Cohen Patricia Cohen, who has written frequently about debt ...
WSJ’s Aaron Back breaks down the sharp selloff in Japanese government bonds, and why investors shouldn’t be concerned for now. Photo Illustration: Jason Boone FRANKFURT—This year, global growth is ...