JPMORGAN: BOND YIELD SPIKE WON’T DERAIL STOCKS JPMorgan says the recent surge in bond yields should not cause lasting damage to equities, expecting yields to retreat from current highs. Strategist Mislav Matejka sees resilient economic growth and strong corporate earnings supporting stocks, while arguing inflation should remain contained. JPMorgan also believes much of the French political risk is already priced into the CAC 40. 05-OCT-2026 06:30 AM ET