High-Grade Bond Investors Are Betting on Duration
(Bloomberg) -- Investors are increasingly willing to buy longer-term bonds, locking in higher interest payments for years in a bet that the Federal Reserve is nearing the end of its interest-rate hiking cycle.Most Read from BloombergMGM Resorts Hackers Broke In After Tricking IT Service DeskUltra-Rich Buy Ultra-Luxury Counseling to Get Kids Into HarvardCanada Postpones Trade Mission to India With Tensions On RiseBillionaire Case Bets on Superfast Jet, AI Beyond Silicon ValleyDisney Talks on ABC
Source: yahoo.com