Maybe, just maybe, this whole bond rout is ending.

The global selloff that's set investors on edge finally slowedlast week, and some analysts are saying the worst is over.Treasuries look fairly valued given the outlook for inflation andinterest rates, according to Bank of America Corp.—although withplenty of caveats. In Germany, options traders convinced a bund-market crash was all but inevitable less than two weeksago have scaled back most of those bets.Rea

Goldman Sachs Group Inc. warns that government debt is stillexpensive, but a growing number of investors are finding valueafter the four-week exodus sent yields soaring. PrudentialFinancial Inc.'s Robert Tipp is buying because tepid U.S. growthwill keep the Federal Reserve on hold, while Europe remains too weak to sustain higher yields.