Economy

Traders expect Fed overnight rate to max out at about 3.3 percent during this expansion, lower than Fed's own estimate of 4 percent.

Share prices of companies with the weakest balance sheets have increased 94 percent in just over two years; junk bond issuers rising faster than the overall market.

Share prices of companies with the weakest balance sheets have increased 94 percent in just over two years; junk bond issuers rising faster than the overall market.

Minutes from end-of-April meeting reveal FOMC doesn't see tradeoff between employment and inflation in ongoing stimulus.

Minutes from end-of-April meeting reveal FOMC doesn't see tradeoff between employment and inflation in ongoing stimulus.

In the biggest step since adoption of the euro, almost all EU governments signed on to pool money in a central fund that can be tapped in financial crisis.

In the biggest step since adoption of the euro, almost all EU governments signed on to pool money in a central fund that can be tapped in financial crisis.

Despite predictions early this year of a selloff in U.S. Treasuries, investors have been snapping up 10-year and longer government bonds.