Rachel Betton is a Managing Director at JP Morgan. She is a portfolio manager specializing in municipal high yield based in New York. Prior to joining the firm in July 2023, Rachel spent the prior decade as a municipal portfolio manager at PIMCO. Before that, she was a municipal high yield and distressed trader at Morgan Stanley and a public finance banker focusing on municipal securitizations. She has a BA from the College of Social Studies at Wesleyan University.