JPMorgan Tells Clients the Surge in Stocks Is Prolonging the Bull Market in BondsBy
Buoyant equity markets have retail investors playing catch-up
Fixed-income inflows can’t keep pace with stock appreciation
When it comes to flows into stocks and bonds, forget the great rotation: It’s all about the relentless rebalancing.
“The equity rally is feeding the bond rally, preventing bond markets from selling off in a risk-on environment,” JPMorgan Chase & Co. strategists led by Nikolaos Panigirtzoglou wrote in a note distributed to media on Monday…
Leave a Reply
You must be logged in to post a comment.