Surveillance

JPMorgan’s Bob Michele Sees ‘Washout’ Setting Up a Buying Moment for Bonds

‘I’m trying to hang onto all my fingers and toes and keep my discipline,’ he says

What is a bond bull to do, with yields clawing higher? Buy — but maybe not quite yet.

Photographer: John Taggart/Bloomberg

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Bob Michele at JPMorgan Asset Management is still bullish on credit and government bonds, as he has been all year.