Will address Senate Committee on Banking, Housing and Urban Affairs
Six managers give their views
Still a good case for long-duration assets
'Muddle-through' scenario for the economy
Seven of ten FOMC members vote for small cut
Bonds go down when equities go up, is the common perceived wisdom among investors.
Fixed income investors could face a challenging end to the year, as the combination of shrinking central bank balance sheets and still solid growth data could be a headwind for bonds.