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JPMorgan's Michele on Bonds: 'The Dominoes Are Starting to Fall'
Source: youtube.com
Credit & Bond MarketsInterest Rates & YieldsMonetary PolicyInvestor Sentiment & Positioning
JPMorgan Asset Management global fixed-income head Bob Michele said the bond market has reached a point of “maximum pain” ahead of the Federal Reserve’s decision. The comment signals strained investor positioning and heightened sensitivity in rates markets to Fed policy guidance.
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