Masters of Equities Universe Are Unfazed by Spike in Bond Yields
- Survey of big fund managers shows faith in Fed, eco rebound
- Some fund managers look to value in non-U.S. markets
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The recent rise in interest rates triggered a bout of volatility, but it’s not making the pros in the stock market run for the hills just yet.
Some of the world’s biggest fund managers say equities can persevere and continue rallying through the rise in government bond yields. They are focusing instead on prospects for a powerful economic and profit recovery.