JPMorgan's Grace Peters sees equities climbing despite rising bond yields
Summary
JPMorgan’s Grace Peters has indicated that equities may continue to rise despite the challenges posed by increasing bond yields, which elevate the earnings growth threshold for companies. The firm maintains a positive outlook on stocks, suggesting they can still climb a 'wall of worry,' even as higher bond yields pose a significant risk to corporate earnings and overall equity valuations.
Analysis
JPMorgan: JPMorgan Chase & Co. is a leading global financial services firm offering investment banking, private banking, asset management, and research capabilities. Grace Peters serves as Co-Head of Global Investment Strategy at its Private Bank division, leading a team responsible for macroeconomic and asset-class outlooks. In this news, the firm’s Private Bank strategist articulates a constructive equity view while acknowledging pressures from bond yields on corporate earnings. Grace Peters: Grace Peters is Co-Head of Global Investment Strategy at JPMorgan Private Bank, overseeing a global team of strategists and flagship publications on market outlooks. With more than 20 years in finance, she regularly shares views on equities, fixed income, and portfolio construction through media appearances. The referenced news draws directly from her recent assessment that equities can advance despite rising bond yields testing earnings growth. Market Outlook: JPMorgan Private Bank maintains a constructive stance on equities, viewing them as capable of climbing a 'wall of worry' even with higher bond yields. Bond Market Impact: Rising bond yields are identified by the firm as a key risk factor that raises the hurdle for corporate earnings and equity valuations.
Categories
macro
Related sources
- https://www.briefs.co/news/jpmorgan-peters-stocks-bonds/
- https://privatebank.jpmorgan.com/eur/en/people/grace-peters
- https://www.bloomberg.com/news/videos/2025-05-07/jpmorgan-s-peters-use-gold-as-a-geopolitical-hedge-video
- https://aeroleads.com/in/grace-peters-51b586b0
- https://www.bloomberg.com/news/articles/2026-05-11/jpmorgan-s-peters-says-inflation-risks-lurk-beneath-stock-peaks
- https://www.boersen-zeitung.de/kapitalmaerkte/gold-wird-salonfaehig
- https://am.jpmorgan.com/content/dam/jpm-am-aem/global/en/insights/portfolio-insights/ltcma/noindex/ltcma-full-report.pdf
- https://www.linkedin.com/posts/gracekpeters_what-inspires-me-how-did-i-get-into-this-activity-7201337019136917505-GbDF
- https://www.bloomberg.com/news/videos/2026-09-02/jpmorgan-says-yields-at-5-to-5-25-pose-risk-to-stocks-video
- https://in.marketscreener.com/news/jpmorgan-says-equities-at-all-time-highs-make-sense-ce7f5bd9db8df122
- https://cryptobriefing.com/jpmorgan-rising-bond-yields-threaten-equities/
- https://www.bloomberg.com/news/videos/2026-06-11/markets-like-to-climb-a-wall-of-worry-jpmorgan-says-video
- https://biztoc.com/x/ee93a7ab44065d5d
- https://privatebank.jpmorgan.com/eur/en/insights/latest-and-featured/eotm/rear-window
- https://www.bloomberg.com/news/articles/2026-09-02/jpmorgan-s-peters-says-yields-at-5-could-put-stocks-at-risk
- https://markets.jpmorgan.com/research/email/scx/7losnck1/GPS-5337228-0/e8ce82bd-006a-48d9-b02b-c4edbd288755
- https://uk.linkedin.com/in/gracekpeters
- https://www.gate.com/news/detail/bond-yields-rising-to-5-pose-key-stock-market-risk-in-september-jpmorgans-23955761