Rising Yields Place Higher Burden on Earnings: JPMorgan

Grace Peters, global investment strategy co-head at JPMorgan Private Bank, asserts that equities remain the growth engine of the portfolio despite a global selloff in bonds. While rising yields place a higher burden on earnings and raise the bar for growth, Peters believes stocks can continue climbing. Speaking on Bloomberg Television, she highlighted that equities are favored even as higher bond yields test the resilience of corporate earnings in the current financial environment.