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JP Morgan Warns Treasuries to Jump to 5%

JP Morgan Warns Treasuries to Jump to 5%

(New York)

Investors be warned, JP Morgan has just issued an ominous warning-that ten-year Treasury yields will jump to 5%. JP Morgan's CEO, Jamie Dimon, has long argued that yields would rise to 4%, but now says the figure might be 5%. "I think rates should be 4 percent today … You better be prepared to deal with rates 5 percent or higher - it's a higher probability than most people think". Dimon sees a recession on the horizon, but he does admit there may be time for the bull market to continue, saying it could "actually go for 2 or 3 more years".

FINSUM : Ten-year yields are currently having trouble sustaining 3%, so it is hard to imagine them going to 5% any time soon. Still we thought the warning was worth sharing.

  • US
  • jp morgan
  • Treasuries
  • bonds
  • yields
  • fed
  • rates

    The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


    The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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