(MT Newswires) -- Ian Stealey, Head of International Fixed Income Investments at JPMorgan Asset Management, presents his outlook for US 10-year bond yields and suggests that rates could fall to 3.5% in the first half of the year. He points out that the market has incorporated five Federal Reserve rate cuts, but that there could be more, which would shake up the bond market.
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- Ian Stealey, JPM AM: The risk is that the Fed will cut more than expected