Investors are facing a tough time as they have to make a choice about their portfolios. The expected returns for main asset classes such as treasuries, high-quality corporate bonds, and the S&P 500 index have remained the same as last week. JPMorgan Chase & Co. predicts that portfolios, including sovereign and pension fund portfolios, will need to reallocate to bonds to meet allocation targets. This would be the biggest rebalancing to bonds since Q4 2021.