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JPMorgan says yield spike won't hurt stocks
JPMorgan's Matejka says the bond yield surge won't cause lasting equity damage, citing resilient growth and strong earnings.
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JPMORGAN: BOND YIELD SPIKE WON’T DERAIL STOCKS
JPMorgan says the recent surge in bond yields should not cause lasting damage to equities, expecting yields to retreat from current highs.
Strategist Mislav Matejka sees resilient economic growth and strong corporate earnings supporting stocks, while arguing inflation should remain contained.
JPMorgan also believes much of the French political risk is already priced into the CAC 40.
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