Rising Yields Place Higher Burden on Earnings: JPMorgan
JPMorgan Private Bank strategist Grace Peters notes that rising bond yields are creating a higher burden on corporate earnings, though she maintains that equities remain a growth engine.
Grace Peters, global investment strategy co-head at JPMorgan Private Bank, discusses the global selloff in bonds and why she sees equities as "the growth engine of the portfolio" even if rising yields place a "higher burden on earnings going forward." Peters speaks on Bloomberg Television. (Source: Bloomberg)
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