Joy Wiltermuth

If the U.S. election was all about the economy, what comes next for stocks probably boils down to borrowing costs. A big part of the Trump administration’s initial focus on taking office later in January could be spent [convincing the “bond vigilantes”](https://www.marketwatch/story/how-investo

Investors clutching cash might soon bear the brunt of a U.S. debt-ceiling fight, which could boil over in the next few weeks without a resolution.

Investors may look back and “see points in time” when Treasury yields were approaching 5% and investors should have been buying, according to PGIM’s head of global bonds.

Follow all the latest U.S. market action for Wednesday here.

Higher bond yields are spooking stocks, but retirees are helping driving demand for annuities and corporate debt.

“More people are building in fire-prone areas than ever before, and they are not building with fire resistance in mind, because it’s expensive,” one expert said.

If bitcoin goes to the moon, a niche group of convertible-bond investors will win out. If the crypto tanks, they can ask for their money back early.

Follow all the action as the December CPI inflation report impacts bonds, stocks and forex, and Goldman Sachs and JPMorgan kick off the new earnings season

Investors await details of fiscal and tax policies under Trump’s second term — and the 10-year Treasury yield’s response.

Incoming President Donald Trump’s second administration kicks off as the U.S. debt-ceiling debate enters another critical juncture.