Bond-fund investors learned all too well in 2022 and again this year that the prices of existing bonds adjust downward as interest rates rise so that their yield matches that of new issues. Indeed, in ...

The most awaited change in the bond market’s favorite indicator is finally here: the Treasury yield curve has steepened owing to a drop in short-term yields and an increase in intermediate- and ...

Fixed maturity indices have existed in the U.S. for over 10 years, where growth and adoption have increased over that time. The maturing nature of a fixed maturity index draws similarities to the ...