Positive on China, India: JPMorgan AMC
June 11th, 2009
Geoff Lewis, Head-Investment Services, JPMorgan AMC, said rising US bond yields was a cause for concern, but was quick to add that it was not an early warning of inflation. “US bond yields are rising on return of normalcy in risk appetite,” he said.
Speaking on Asian markets, he said markets will benefit from excess liquidity and low rates in the near-term. “We are positive on China and India on account of their strong domestic demand story,”