JPM’s Michele Sees Treasury Secretary Bessent as Fed Frontrunner

Bob Michele, Chief Investment Officer and Head of GFICC at JPMorgan Asset Management, joins Bloomberg Businessweek Daily to discuss the global bond market selloff as geopolitical concerns shake up what has been a calm start to the year so far. Michele also says he believes Treasury Secretary Scott Bessent is now the likeliest candidate to become Federal Reserve chairman. Michele speaks with Carol Massar and Tim Stenovec. (Source: Bloomberg)