Higher Yields Let Bond Investors Be Choosy: JPM's Herr
Kay Herr, US GFICC CIO at JPMorgan Asset Management, says higher yields and heavy debt issuance are giving bond investors more choice after years of having to stretch for income. She says investors can be more selective about credit as they weigh productive corporate borrowing against growing sovereign debt and uncertainty. She speaks on "Bloomberg Surveillance." (Source: Bloomberg)