JPMorgan Advises Selling Two-Year US Treasuries Amid Growth Outlook

JPMorgan strategists have advised selling two-year US Treasuries, describing it as a tactical move. Bloomberg posted on X, highlighting that the recommendation is based on a robust growth outlook, which could hinder the Federal Reserve's ability to significantly reduce interest rates. The strategists suggest that the current economic conditions may not support aggressive rate cuts, prompting this strategic financial advice.