JPMorgan has decided to accept the Treasury market’s foreboding signals about growth. The bank is cutting its year-end predictions for yields and interest rates, and predicts that the Federal Reserve will cut rates in the second half of this year.
JPMorgan has decided to accept the Treasury market’s foreboding signals about growth. The bank is cutting its year-end predictions for yields and interest rates, and predicts that the Federal Reserve will cut rates in the second half of this year.