JPMorgan’s Michele Sees US Bonds Returning 7%-8% Over 12 Months

The US bond market could return around 7% to 8% over the next 12 months, according to JPMorgan Asset Management’s Bob Michele.

By Ruth Carson and David Ramli · Bloomberg Markets

The US bond market could return around 7% to 8% over the next 12 months, according to JPMorgan Asset Management’s Bob Michele.