Bonds

European Central Bank injects stimulus into economy

The European Central Bank has added another half-trillion euro ($600 billion) dose of stimulus as a winter wave of rising COVID-19 infections shuts down large swathes of the economy ahead of Christmas, the region's most important holiday.

Bond investors win big betting on US consumer

Investors who bet U.S. consumers would keep paying debts this year are reaping a windfall as households spend less and save more against the backdrop of a still-ailing national economy.