Home Business & Finance JPMorgan’s Berro Says Bond Market Can Handle High-Grade Stampede
Business & Finance

JPMorgan’s Berro Says Bond Market Can Handle High-Grade Stampede

Key Points

JPMorgan’s Berro Says Bond Market Can Handle High-Grade Stampede The investment-grade bond market faces a busy September, but demand for corporate debt suggests anxiety about heavy supply may be overblown, according to Kelsey Berro, a portfolio manager at JPMorgan Asset Management. Issuance expectations are in a wide range of $175 billion to $250 billion, Berro said in an interview with Bloomberg Television on Monday. Credit portfolio managers have indicated that even $250 billion in supply...

JPMorgan’s Berro Says Bond Market Can Handle High-Grade Stampede The investment-grade bond market faces a busy September, but demand for corporate debt suggests anxiety about heavy supply may be overblown, according to Kelsey Berro, a portfolio manager at JPMorgan Asset Management. Issuance expectations are in a wide range of $175 billion to $250 billion, Berro said in an interview with Bloomberg Television on Monday. Credit portfolio managers have indicated that even $250 billion in supply “is not really an issue,” though uncertainty about the final figure is complicating preparation across the market, she added.
JPMorgan (ORG) Berro (ORG) Kelsey Berro (PERSON) JPMorgan Asset Management (ORG) Bloomberg Television (ORG)
Originally published by Bloomberg Markets Read original →