Treasury bonds a 'good investment move' after next rate hike -market strategist

STORY: Fed policymakers have raised interest rates rapidly this year to try to slow the economy and bring down inflation that's running at more than triple the Fed's 2% target.

"The Fed has always gotten what it wants eventually," said Jones, adding that if the Fed's 2% target is achieved, then that would mean treasuries offering a government guaranteed 4.0% to 4.5% have the potential for 2.0% to 2.5% real returns.