U.S. News & World Report—John Donaldson, Vice President and Director of Fixed Income, commented in a U.S. News & World Report article addressing the interest rate risk bonds face in a volatile market. “Interest rates, particularly for U.S. Treasury yields have fallen in recent weeks,” said Donaldson. “While the Federal Reserve is not likely to raise its rates again in the very near future, they are even less likely to cut rates.” Click to read article
