For investors watching US Treasuries for signs of renewed turmoil, JPMorgan Chase & Co. has some advice: Don’t worry, liquidity in the world’s biggest bond market is on the mend.
“Broad measures of liquidity have been on an improving trend through 2024, supported by declining delivered volatility amid one of the longer Fed on-hold periods in modern history,” JPMorgan interest-rate strategists led by Jay Barry said.