By Jon Hilsenrath

 

A key piece of background for all of the recent market moves is that interest rates have been near zero for quite some time, encouraging investors big and small to take on more risk and making it easier to borrow money and lever up positions.

 

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

 
 

(END) Dow Jones Newswires

January 27, 2021 14:26 ET (19:26 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.
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