J.P. Morgan expects bond yields to fall some in 2023 as demand/supply balance improves
Torsten Asmus J.P. Morgan strategists, headed by Nikalaos Panigirtzoglou, expect a small amount of downward pressure on global aggregate bond yields in 2023, as they calculate an improvement in the demand/supply balance for 2023 is close to $1T, as bond supply declines more than demand. An improvement of $1T in supply/demand implies downward pressure on … Read more