JPMorgan's Michele on Bonds: 'The Dominoes Are Starting to Fall'
Bob Michele of JPMorgan Asset Management states the bond market has reached a point of maximum pain. He noted that significant changes are beginning to occur in the market. These remarks were made during a discussion on Bloomberg Surveillance regarding Federal Reserve decisions.
Bob Michele, JPMorgan Asset Management's global head of fixed income, says the bond market has reached a point of "maximum pain" on "Bloomberg Surveillance: The Fed Decides." (Source: Bloomberg)
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