JPMorgan's Michele's Conviction Calls Include 4% 10-Year Yield

The video discusses the Federal Reserve's potential rate hikes and their impact on the economy, suggesting a pause after four more increases. It explores a short duration investment strategy due to expected rising yields. The comparison between US and European high yield markets highlights potential narrowing spreads. Concerns about the European Central Bank's policies fostering 'zombie companies' are raised. Finally, a prediction for the 10-year Treasury yield is made, emphasizing economic growth and market adjustments.

What is the expected range for the Fed funds rate after four more hikes?

• 4% to 4.5%

• 3.5% to 4%

• 2.75% to 3%

• 1% to 1.5%

Why is the strategy of short duration investments being considered?

• To benefit from falling yields

• To avoid long-term market volatility

• To capitalize on rising yields

• To increase exposure to equities

What is the predicted trend for the spread between US and European high yield markets?

• Widening due to economic instability

• Fluctuating unpredictably

• Narrowing due to positive earnings

• Remaining stable

What concern is raised about European high yield markets?

• Overvaluation of assets

• Lack of investment

• Zombie companies

• High inflation rates

What is the final light-hearted note mentioned in the discussion?

• Support for Liverpool

• Support for Barcelona

• Support for Manchester United

• Support for Real Madrid