Bond yields are performing well despite March's hot CPI print. JPMorgan Asset Management Fixed Income Portfolio Manager Kelsey Berro joins Yahoo Finance to discuss bond market outlooks. Berro says Wednesday's move within the bond market has been "a rationale" one. She notes the Fed has been "holding on" to the idea that a June rate cut is possible, with a prediction of three rate cuts in 2024. However, that path has "narrowed," which has resulted in markets re-adjusting and pricing out rate cut expectations. Berro names the two-year, five-year (^FVX), and 10-year (^TNX) yields as good entry points into the market for investors. She notes her focus on markets has shifted from the Fed's monetary policy path to "the strength of the corporate fundamentals" when it comes to fixed-income portfolios. Although conversations around "pricing out rate cuts" and potential delays have begun, she stresses what's also "important for investors" to consider right now: that the possibility of rate hikes is not on the table. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith

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