JPMorgan Says Debt Investors Must Get Paid More for Tariff Risk

Corporate bond buyers should be better compensated for stress caused by escalating trade wars, according to JPMorgan Asset Management.

“We just need to be paid a little bit more for the uncertainty risk now in the market,” said Lisa Coleman, the firm’s head of global investment-grade corporate credit. “The tariffs are very uncertain, so we can’t really have a zero probability of recession.”