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JP Morgan Exclusive: 2024 Investment Outlook Unravelled

JP Morgan Chase & Co. has released its predictions for US corporate bonds in the upcoming year. The bank forecasts high single-digit returns, driven by lower bond yields and low default rates.

The JP Morgan London Office, as the banking giant predicts high returns for US corporate bonds. PHOTOS: Neil Hall/Reuters
The JP Morgan London Office, as the banking giant predicts high returns for US corporate bonds. PHOTOS: Neil Hall/Reuters

According to Steve Dulake, global head of credit research at JP Morgan, investment grade bonds are expected to see returns of 8%, while high yield bonds could see returns of 9%.

Dulake highlighted that it is lower rates, not spreads, that are predominantly driving these

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