Bond holders look to recession for salvation after vicious first half

The final six months of 2022 “shouldn’t be as ugly as the front half of the year, but it won’t be pretty,” JPMorgan Chase & Co. rates strategists led by Alex Roever said in a note. In their view, the ongoing battle between inflation and recession risks will result in yields moving up from their current levels while the Treasury curve flattens.

Bond holders look to recession for salvation after vicious first half
The final six months of 2022 “shouldn’t be as ugly as the front half of the year, but it won’t be pretty,” JPMorgan Chase & Co. rates strategists led by Alex Roever said in a note. In their view, the ongoing battle between inflation and recession risks will result in yields moving up from their current levels while the Treasury curve flattens.