JPMorgan's Michele Says Bond Market 'Broke Down' After Last Fed Meeting

The bond market 'broke down' after the last FOMC meeting, says JPMorgan's Bob Michele

Bob Michele, JPMorgan Asset Management CIO and head of global fixed income

Joins 'Squawk Box' to discuss latest market trends

Discusses the Fed's inflation fight and impact of rates on Treasury yields

Interview occurred 3 hours ago on 'Squawk Box' 0656