We're in 'a pretty sweet spot' for yields right now, says JPMorgan's Kelsey Berro

• Bond market reaction: Front-end yields moved higher, while the 30-year Treasury yield moved lower, reflecting market belief in the Fed's inflation-fighting credibility.
• Inflation expectations are coming down, with 5-year expectations below where they were when the war started, which is seen as a positive for bonds.
• Berro believes we are in a 'sweet spot' for yields (around 5-6%) where companies are issuing debt and investors are finding attractive income opportunities, rather than just speculating on rate movements.

Kelsey Berro of JPMorgan Asset Management discusses the bond market's reaction to the Fed's decision, highlighting a significant move higher in the front-end of the yield curve and lower in the long-end, indicating market confidence in the Fed's credibility to fight inflation. She suggests that current yield levels are a 'sweet spot' for fixed income investors seeking income.