One outcome unforeseen by most traders at the Fed's meeting last week: the central bank's decision to begin buying Treasury securities again, at a pace of up to $40 billion a month.

Kate Duguid Sure. So a credit default swap is a financial agreement that basically acts like insurance against a company’s bond. It transfers the risk of a bond defaulting from one investor to another ...

Investors, including hedge funds, are making ⁠and losing money, while for governments, appreciating currencies and capital ...