How below-zero interest rates impact banks.

How below-zero interest rates impact banks.

Funds begin to look like riskier investments when management fees outweigh yields.

Funds begin to look like riskier investments when management fees outweigh yields.

Company is investing its cash, perhaps signaling the floor on risky debt prices is approaching.

Company is investing its cash, perhaps signaling the floor on risky debt prices is approaching.

December rate hike may be problematic for bond market with low liquidity due to time of year.

December rate hike may be problematic for bond market with low liquidity due to time of year.