Investors should buy bonds now because it’s the “most attractive point” in years, according to senior investment executives at T. Rowe Price Group Inc., manager of $1.4 trillion in assets.
Bond yields will continue rising over the medium term to reach levels offering attractive income opportunities for investors who understand how to manage duration, or the sensitivity of a bond’s price to changes in interest rates, said Arif Husain, head of international fixed income and chief investment officer.