For the first time since 2009, U.S. bond yields are rising at the same time inflation is slowing, providing a cushion for investors in Treasuries whether or not the Federal Reserve slows the pace of its debt purchases.
“It is very unlikely that we will see any major rise in interest rates for Treasuries from here.” says Andrew Wickham, head of U.K. and global fixed-income at Insight Investment Management Ltd., which oversees about $134 billion in bonds and currencies, said in a June 5 firm presentation. No Inflation as U.S. Yields Rise Belies Point of No Return View - Bloomberg
Well, I guess that does it. Rates will never rise again, ever :-)