📈 Business
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Bloomberg
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JPMorgan's Michele: Bond Market Is Pricing in the Worst-Case Scenario
Bob Michele, global head of fixed income at JPMorgan Asset Management, says the bond market is currently pricing in the worst of all scenarios. Speaking to Bloomberg, he discussed the impact of the Iran war and inflation risks on the debt market. He advised letting markets "go wherever they're going."
Bob Michele, global head of fixed income at JPMorgan Asset Management, says, ‘let the markets go wherever they’re going,” as he discusses the impact of the war in Iran and the prospect of inflation on the bond market. (Source: Bloomberg)