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JPM CEO: US Long-term Treasury Yields May Still Skyrocket After Bond Sell-off
JP Morgan CEO Jamie Dimon warned bond investors as US Treasury yields touched multi-year highs that interest rates could skyrocket from current levels, and that the US may have shi...
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JPM CEO: US Long-term Treasury Yields May Still Skyrocket After Bond Sell-off
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JP Morgan CEO Jamie Dimon warned bond investors as US Treasury yields touched multi-year highs that interest rates could skyrocket from current levels, and that the US may have shifted from a savings glut to a shortage.

The market is now concerned that swelling oil prices may force central banks to raise interest rates, putting pressure on long-term bonds. Coupled with worries over government spending in Japan, the UK and the US, as well as the AI boom supporting US economic growth, investors have been seeking higher compensation to hold longer-dated bonds.

Related NewsInitial Jobless Claims for May/16 in the United States is 209K, lower than the previous value of 212K. The forecast was 210K.

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