Many market analysts and strategists are saying the U.S. economic recovery is at risk because of the rise in government-bond yields and mortgage rates. “Nonsense,” says Northern Trust’s Director of Economic Research, Paul L. Kasriel.

Many people think recent weakness in the U.S. dollar marks the beginning of a lengthy decline. With the global flight to safety waning, the natural tendency of a debased currency is coming to the fore. Indeed, net short selling of the U.S. dollar on the Chicago Mercantile Exchange during the ...

Could it be the early glimmerings of a policy bind? It seems the more the stock market rallies and the economy quickens, the more yields on government bonds climb. Of note, the 30-year U.S. government bond jumped to 4.3% last week. And despite the Federal Reserve allocating $300 billion to ...

Yesterday’s market crash was triggered by the U.S. and European financial sectors reporting tumbles in earnings and asking for billions more in aid from governments. The need for capital infusions is still so overwhelming -- despite the hundreds of billions already poured in -- that it appears there will be ...