The U.S. government-bond market is embracing the reality of Federal Reserve officials' plans to raise interest rates this year.
That's been especially apparent for shorter-term securities, which have underperformed longer-term notes for a third-straight day, as they are seen as more closely tied to Fed policy moves. St. Louis Federal Reserve Bank President James Bullard said Monday that the central bank has to start ``thinking ahead'' about moving away from its emergency simulative monetary policies.
