Fairy tales are where you find them, but any number seem to begin in the dark German woods where Angela Merkel spent her childhood. The girl who would grow up to be called the most powerful woman in the world...
Investors who piled into the riskiest corners of the credit markets during seven years of rock-bottom interest rates are getting a reminder of how hard it can be to cash out. With outflows from U.S. high-yield bond funds running at...