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.