The Bank of England, Britain’s central bank, has sought to restore financial stability with an emergency bond-buying programme, after the government’s new fiscal policy caused the pound to dive and borrowing costs to soar. The British pound on Monday plunged by more than 4 percent to just $1.03, an all-time low. It recovered to about…
Bank of England Intervenes to Calm Markets as UK Borrowing Costs Soar
Series I Bonds Pay Record 9.62% Interest Rate—Here’s How to Buy Them
By James Royal From Bankrate.com If you’re looking for an investment with a high interest rate, inflation protection and the safety of government backing, then Series I bonds could be an attractive addition to your portfolio. The interest rate on these bonds increases as inflation rises, ensuring that your payout keeps pace with rising prices…
Why You Should Add Government Bonds to Your Portfolio
One way to protect your investments from the fluctuations in the market is to invest in government bonds. These financial instruments—also referred to as treasury direct bonds or Treasury securities—can help stabilize your investment money and balance your portfolio because they are backed by the credit of the U.S. government. There are several types of…
7 Types of Investments You Should Know About
Investing is an important part of preparing for the future. If you want to retire someday, investments and other retirement savings are vital for success. But if you don’t know where to start, the entire world of investments can feel intimidating. Here is a list of seven types of investments you should know about and how…
Moody’s Says Russia May Have Defaulted on Obligations
Ratings agency Moody’s has warned that Russia might have defaulted on its debt since it tried to service its dollar bonds in rubles due to Western sanctions. “Russia reportedly made payments on two bonds maturing in 2022 and 2042 in rubles rather than US dollars which represents a change in payment terms relative to the…
BOJ Offers 4 Days Unlimited Bond-Buying to Defend Yield Cap
TOKYO—Struggling to swim against the tide taking interest rates higher globally, the Bank of Japan (BOJ) staunchly defended its 0.25 percent yield cap on Monday by offering to buy an unlimited amount of government bonds for the first four days of this week. The BOJ’s defense of its ultra-loose policy pushed the yen to a…
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