Weaker economic data have helped bolster prices in the battered US bond market
Leveraged companies that did not hedge against rising rates may be forced to tap cash reserves to cover spending
This series examines the powerful ripple effects of extended high interest rates across businesses, governments and economies around the globe
One of the modern classics of economics is an article from 2006 with the self-explanatory title “Paying Not to Go to the Gym”, in which researchers Stefano DellaVigna and Ulrike Malmendier studied the behaviour of nearly 8,000 gym members and found it “di