Economy

Premium for purchasing junk bonds rather than investment-grade corporate bonds reaches 4.3 percentage points, highest level in nearly three years.

Premium for purchasing junk bonds rather than investment-grade corporate bonds reaches 4.3 percentage points, highest level in nearly three years.

Credit traders gird for the worst as analysts worry Fed may have waited too long to raise rates.

Credit traders gird for the worst as analysts worry Fed may have waited too long to raise rates.

Economists expected an increase of 0.2 percent, but instead the index declined by the same amount.

Economists expected an increase of 0.2 percent, but instead the index declined by the same amount.