Economy
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EconomyRising Yields Create Value: JPMorgan’s Berro
Brij Khurana, a senior managing director and fixed-income portfolio manager at Wellington, and Kelsey Berro, a fixed-income portfolio manager at JPMorgan Asset Management, appeared on Bloomberg Real Yield. A rally in oil prices spread through global markets, pushing stocks lower and sending bonds on a volatile ride amid concerns that higher energy costs could stoke inflation and prompt Federal Reserve rate hikes.
