Reuters: J.P. Morgan Asset Management expects US bond yields of 7-8% over the next 12 months. According to head of fixed income Bob Michel, the current situation is a good time to buy, as real yields have reached 3% for the first time since 2002. He added that amid the global capital spending cycle, the likelihood of a recession remains low.

Reuters: J.P. Morgan Asset Management expects US bond yields of 7-8% over the next 12 months. According to head of fixed income Bob Michel, the current situation is a good time to buy, as real yields have reached 3% for the first time since 2002. He added that amid the global capital spending cycle, the likelihood of a recession remains low.