Higher Yields Let Bond Investors Be Choosy: JPM's Herr

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JPMorgan Asset Management’s Kay Herr said higher yields and heavy debt issuance give bond investors more options to select credit investments. She highlighted the need to weigh productive corporate borrowing against rising sovereign debt and uncertainty.

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)