JPMorgan: Equities Can Withstand Higher Bond Yields Amid Firm Earnings
JPMorgan strategist Mislav Matejka reportedly believes equities can withstand rising bond yields due to resilient economic growth and continued earnings delivery, which should offset higher borrowing costs.
JPMorgan strategist Mislav Matejka reportedly said equities should be able to absorb the recent jump in bond yields, saying resilient economic growth and continued earnings delivery should offset the pressure from higher borrowing costs.