Things are setting up for two rate cuts this year, says JPMorgan's David Kelly

David Kelly, JPMorgan Asset Management chief global strategist, joins 'Squawk on the Street' to discuss his take on the recent move in the 2-year Treasury, how much yields factor in U.S. equity exposure, and much more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/42d859g
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