Economy

Wall Street's bearish stance on U.S. Treasuries is not paying off.

Survey shows debt investors expect corporate defaults to rise as Fed tapering winds down and interest rates rise globally.

City increases assumptions for investment returns based on 2013 returns, buys peace with unions by reducing cuts to monthly pensioner checks.

Domestic debt and foreign cash balances rising hand-in-hand for many global businesses.

Policymakers worry the market is overreacting to its interest-rate projections.

Investors are buying a larger share of U.S. Treasuries sold at government auctions than ever before.