Grace Peters of JPMorgan Chase & Co. stated that equity markets can continue to climb even as rising bond yields increase the hurdle for earnings growth. Peters believes that factors driving bond yields higher include strong growth data, supply entering the market to finance AI infrastructure, and inflation concerns related to oil prices breaking above $100 per barrel. She anticipates a "broad earnings supercycle" during which she favors equities, but fixed income products still have a place in portfolios, albeit requiring careful selection.