JP Morgan Says Bonds Offer Generational Buy Opportunity

JP Morgan Asset Management fixed income head Bob Michele says bond markets offer generational yield with expected US returns reaching eight percent. He notes strong buying opportunities across global debt as recession risks remain low.

Stacks of one hundred dollar notes are piled up for counting at the headquarters of the Korea Exchange Bank in Seoul February 3, 2009.REUTERS/Jo Yong-Hak (SOUTH KOREA)

Global bond markets offer a generational amount of yield with expected returns as high as 8% in the United States, according to J.P. Morgan Asset Management.