China’s central bank watchers have something new to puzzle over.

Negative yields mean Japan’s government gets paid to borrow -- but it’s not profiting. In fact, yields below zero probably cost the treasury $3.4 billion last year.

In the country with the longest history of negative rates, many people are now being paid to take on a mortgage. That helps Danes keep the rich world’s biggest debt burden in check. But the covered bond market on which they rely is facing some fundamental changes that are seriously…

America’s states and cities are finally seizing on record-low interest rates to finance needed work on roads, bridges and schools.

Benchmark two-year Treasury yields reached the highest since June after Federal Reserve Chair Janet Yellen indicated that the case for tightening policy has strengthened and signaled a gradual pace of interest-rate increases.

A September interest-rate increase by the Federal Reserve, an unthinkable move just two months ago, is now very much on the table, according to Goldman Sachs Group Inc. The bond market concurs.