Bonds
Uncle Sam Has Competition
Corporate borrowing has grown sharply in 2026, particularly to build AI infrastructure. Some of that debt competes with Treasuries for buyers, helping explain the rise in government borrowing costs.
A Field Guide to U.S. Treasury Securities
Bills, notes, bonds, TIPS, FRNs, I Bonds, EE Bonds. Same borrower, different terms. What each one actually is and how to tell them apart.
Bond Duration
Duration estimates how much a bond's price moves when interest rates do. This post shows how this is measured and what the impact can be.
What Are Bonds? A Beginner's Guide
A bond is a loan dressed up as an investment. What that means, some terminology worth knowing, and why bond prices move.