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J.P.Morgan: Torn On Duration, But Remain On Sidelines

US TSYS

After Monday’s close J.Morgan noted that they “are torn on duration here: we do not think the market’s Fed expectations will move much higher over the near-term, and valuations appear fair, but given somewhat long investor positioning and anticipated weakening in liquidity conditions into year-end, we remain on the sidelines for now.”

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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