Bond market is a buy right now, JP Morgan Asset Management's fixed income head says
· economictimes.indiatimes.com
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.
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