This is the worst fixed-income year in the history of bonds, says JP Morgan's Phil Camporeale

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squawk on the street philip camporeale ​philip camporeale world news cfa society of south florida lowry research; and moderator vinny catalano seabreeze partners; vincent randazzo chief investment officer lowry research moderator: vinny catalano certified financial analyst finance stock

Liz Ann Sonders, Charles Schwab chief investment strategist, and Phil Camporeale, JPMorgan Asset Management portfolio manager, join 'Squawk on the Street' to discuss assessing the terminal rate, fixed income versus equities, and financial conditions in 2023.

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