Bond bulls are looking to the Federal Reserve’s decision Wednesday for vindication as Treasuries head for their best month in a year. The Fed is set to release its first policy statement since it raised interest rates from near zero last month. After January’s 1.9 percent rally in Treasuries, bond bulls are watching for signs that officials expect this year’s oil-price plunge to damp inflation, or any mention of tightening financial conditions resulting from tumult in global stocks and higher-yielding debt. Traders are banking on a repeat of September, when the central bank said “global economic and financial developments may restrain ... (Read the full story)
