In this conversation, the first in a series focused on U.S. fixed income markets, J.P. Morgan Research analysts discuss recent developments regarding the Fed’s balance sheet, the tools the Fed has been using to inject liquidity into the system, and the implications for US funding markets.

This podcast was recorded on January 21, 2020. 

This communication is provided for information purposes only. Clients can read the related report at www.jpmm.com/research/content/GPS-3233948-0 for more information; please visit www.jpmm.com/research/disclosures for important disclosures. © 2020 JPMorgan Chase & Co. All rights reserved.