JPMorgan Asset Management Sees U.S. Treasury Bonds Reaching Bottom

According to Odaily, JPMorgan Asset Management has indicated that U.S. Treasury bonds may have reached their lowest point, driven by strong foreign demand and expectations that the Federal Reserve will support U.S. government debt if necessary. Bob Michele, the company's Global Head of Fixed Income, expressed confidence in investing at low prices and high yields. He noted that discussions with overseas investors reveal they are not deterred by U.S. Treasuries. Previously, U.S. Treasury bonds experienced their largest decline since 2001, attributed to U.S. President Donald Trump's tariffs and unpredictable policy-making, which weakened demand for long-term safe-haven assets. Michele cited Federal Reserve data showing that foreign central banks and reserve management institutions have recently increased their holdings of U.S. Treasuries. He also referenced recent comments by Federal Reserve's Collins, who stated that the Fed is "absolutely prepared" to help stabilize financial markets if conditions become turbulent.