Investors buying bonds should start checking what their colleagues in the stock market are doing. Yields on 10-year U.S. government bonds hover below 2.7%. This is extremely low considering that sovereign debt tracks where the central bank is expected to set interest rates—which the Federal Reserve now pegs between 2.25% and 2.5%—plus a premium for locking up the money long term.

Source: Wall Street Journal February 08, 2019 11:47 UTC