‘Bubble-like behavior’ unlikely to destabilize the stock market, but JPMorgan says value will prove a ‘cushion’ as yields rise
August 16, 2021 at 16:23 PM EDT
Bond yields and cyclical bets in equities probably bottomed this month and are on their way up for the rest of 2021, with rising rates and pockets of “bubble-like behavior” unlikely to destabilize the stock market, according to a JPMorgan strategists.
