Bond market is a buy right now, JP Morgan Asset Management's fixed income head says
According to Bob Michele of J.P. Morgan Asset Management, investors should take advantage of the current bond market opportunities without delay. He estimates returns of up to 8% over the next year, emphasizing the promising yield potential, especially in US treasuries. Michele reassures that a recession seems unlikely at this time while also alerting that inflation...
Key Takeaways
- According to Bob Michele of J.P.
- Morgan Asset Management, investors should take advantage of the current bond market opportunities without delay.
- He estimates returns of up to 8% over the next year, emphasizing the promising yield potential, especially in US treasuries.
According to Bob Michele of J.P. Morgan Asset Management, investors should take advantage of the current bond market opportunities without delay. He estimates returns of up to 8% over the next year, emphasizing the promising yield potential, especially in US treasuries. Michele reassures that a recession seems unlikely at this time while also alerting that inflation concerns could compel the Federal Reserve to implement larger rate hikes than expected.
Original Publisher Attribution
This summary was curated from Economic Times.