Morgan Asset Management CIO: US Treasury returns expected to reach 7%-8% over the next 12 months, with longer-dated maturities offering more value

Zhitong Finance APP has learned that Bob Michele, Chief Investment Officer and Global Head of Fixed Income at J.P. Morgan Asset Management, stated that the U.S. bond market is expected to deliver returns of approximately 7% to 8% over the next 12 months. He also believes that the long end of the U.S. Treasury yield curve offers the greatest value.