The bond markets are being hit hard by the Fed's aggressive rate hikes and recent events including a downgrade of the country's ratings. These are three ways in which that could impact the U.S.
US Treasury bonds are known as a super safe, super boring place to put your money. But the Series I Savings Bond got so popular last week, the surge in demand crashed the Treasury's website
The declines come a day after the Federal Reserve raised interest rates by the most in over two decades as it embarks on a high-stakes fight to bring down inflation.
Bond and stock markets have tumbled this year as inflation continues to surge. The Federal Reserve has already indicated it will need to raise interest rates. The question is: Will that be enough?
What to know as markets dropped, sending the Dow Jones Industrial Average down more than 700 points to its worst fall since October.