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These Bond Bulls Say They'll Have Last Laugh as U.S. Yields Soar

Bloomberg business news
Krishna Memani, OppenheimerFunds CIO and head of fixed income, says talk of the bond market’s death is exaggerated.(Source: Bloomberg)

Bond bulls may be losing the battle to start 2018, but they’re as confident as ever that they’ll win the war.

To Aaron Kohli at BMO Capital Markets, Lacy Hunt at Hoisington Investment Management and Dimitri Delis at Piper Jaffray, it doesn’t really matter that the 10-year Treasury yield jumped Monday to almost 2.73 percent, the highest level since April 2014.