In this conversation, J.P. Morgan Research analysts Alex Roever, Jay Barry, Phoebe White, Teresa Ho, and Josh Younger discuss the outlook for rates and related sectors in the second half of 2021.

This podcast was recorded on June 29, 2021.

This communication is provided for information purposes only.  Institutional clients can view the related report at www.jpmm.com/research/content/GPS-3785889-0 for more information; please visitwww.jpmm.com/research/disclosures for important disclosures. A version of this podcast was previously disseminated to institutional clients with the title “The outlook for US rates in 2H21, June 29, 2021.” © 2021 JPMorgan Chase & Co. All rights reserved.