JPM’s Bob Michele Says Entire Yield Curve Is Oversold
JPMorgan Asset Management's Bob Michele stated that the entire yield curve is oversold. He expects the bond market to stabilize following recent US economic data.
Bob Michele, global head of fixed income at JPMorgan Asset Management, expects the bond market to settle down after this week's US economic data and says, “if we see some stabilization here, we have our next buy level, we’ve got plenty of buying left to do.” He speaks on “Bloomberg Surveillance.” (Source: Bloomberg)
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