“I don’t think it matters what the Fed does,” says Kay Herr, US GFICC CIO at JPMorgan Asset Management, in reference to the rally in yields, as the market “really doesn’t love the fact that we don’t have forward guidance. ” She speaks on “Bloomberg Surveillance.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/videos/2026-08-18/fed-should-just-hike-and-move-on-with-it-jpm-s-herr-video)