Bond investors are shrugging off speculation that the Federal Reserve could raise interest rates soon, reflecting a conviction that rates will rise at an extremely slow pace over the longer term. Concerns of a big bond selloff prompted by regular rate increases are a distant memory. Fears have also faded that Britain’s vote to exit from the European Union would spur a rush into haven assets and send the yield on the 10-year Treasury...

Source: Wall Street Journal September 04, 2016 12:00 UTC