Global Plunge in Bond Yields Undercuts Fed Interest Rate Views

  • Average yield falls to 1.287%, versus record low of 1.284%
  • Four Fed presidents say they're open to considering June move

Global bond yields tumbled to near an all-time low as slow price growth and central-bank stimulus put the market at odds with Federal Reserve officials who are signaling another interest-rate increase may come as soon as their next policy meeting in June.

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