On any regular Saturday afternoon, the stairwell and the lifts of the 1920s Pedder Building in Hong Kong’s central business district fill up with smart-looking young professionals, camera-toting students and the occasional art collector. They go up...

Bakary Soumaré spent time in France, Germany and Philadelphia, but thoughts of returning to Chicago never seemed to leave his consciousness. “Overall, I’m very excited,” he told reporters on a conference call on Thursday.

I have two questions about bond investments. First, with individual bonds, would a person be better off keeping the bonds to maturity when rates went up and receiving the full value at maturity? Second, does this work with bond funds?