Positive
Seeking Alpha
19 days ago
JBND: Active Core Bond, Without The Guesswork
JP Morgan Active Bond ETF (JBND) offers active management in intermediate-duration bonds, focusing on Treasuries, agency MBS, and investment-grade corporates. JBND's return is driven by monthly carry and bond price movements, with managers adjusting allocations based on macro and credit conditions. Current macro indicators suggest stable real yields, steady inflation expectations, and no major labor market stress, supporting intermediate bond exposure.