Here's your summary from Bond Duration in Focus for JPM’s Misra as Fed Cuts Loom (https://www.youtube.com/watch?v=RdZ3kAu_n5Y) on the Bloomberg Television channel:
**TLDR:** JPM's Misra discusses the impact of Fed rate cuts on bond duration, highlighting the importance of monitoring duration in a soft landing scenario.
1. Fed rate cuts can lead to a steepening yield curve, making duration more attractive.
2. In a soft landing scenario, there is potential for rates to fall in the 3 to 7 year sector.
3. The amount of risk to put on duration depends on the extent of rate cuts, with more aggressive cuts leading to increased duration risk.
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