Odaily Planet Daily News - JPMorgan Asset Management said that U.S. Treasuries may have bottomed out for now, due to signs of strong foreign demand and market expectations that the Federal Reserve will support U.S. government debt if necessary. "I feel good that we are investing in low prices and high returns here," said Bob Michel, the company's global head of fixed income. "In our conversations with overseas investors, they are not scared away by U.S. Treasuries." Previously, U.S. Treasuries suffered the biggest drop since 2001 as Trump's tariffs and unpredictable policymaking weakened demand for long-term safe-haven assets. Michel cited Federal Reserve data showing that foreign central banks and reserve managers have recently increased their holdings of U.S. Treasuries. He also pointed out that Fed Collins recently commented that the Fed is "absolutely ready" to help stabilize financial markets if things get chaotic. (Jinshi)