# JPMorgan Sees Stock Recovery Continuing if Global Bond Yields Stabilize By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/35258 Published: 2026-10-20T03:16:25.000Z Updated: 2026-10-20T03:16:25.000Z Section: Investing > The conditional outlook follows a recent rise in the 10-year U.S. Treasury yield. JPMorgan strategist Mislav Matejka sees room for stocks to extend their recovery through the end of 2026 if global bond yields stabilize, potentially easing pressure on equity valuations. The conditional outlook follows a recent rise in the 10-year U.S. Treasury yield. If bond yields level off globally, the pressure that rising yields have placed on stock valuations could stop, leaving room for the recovery to continue. Long-term rates also affect the cost of financing for companies. Lower short-term yields may offer limited relief when [long-term bond yields]() remain elevated. Matejka’s outlook turns on whether global yields stabilize. ## Links in this article - [long-term bond yields](https://www.tokenpost.com/news/investing/25221)