Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
JPM (JPM.US) CEO: Kerfuffle in US Bond To Bring Fed Intervention
Recommend 1 Positive 1 Negative 6 |
||||
|
||||
|
Jamie Dimon, CEO of JP Morgan (JPM.US), said he expects a kerfuffle in the US bond market, prompting the Fed to intervene. When the global COVID-19 pandemic occurred in March 2020, investors quickly closed their positions, leading to an anomaly in US debt and forcing the Fed to intervene, Dimon added. In his view, all other capital markets will be affected when markets are volatile, spreads widen and liquidity is low, but Dimon expected the Fed to intervene “when it starts to panic a little bit”. AAStocks Financial News |
||||
Copied to Clipboard
 |
||||
