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JPMorgan Chase CEO Jamie Dimon Warns of Corporate Bond Crisis

The Motley Fool +1 ·

JPM JPMorgan Chase & Co
$334.30 +0.39%
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  1. 1JPMorgan Chase CEO Jamie Dimon said the market will demand more.
  2. 2The 10-year US Treasury yield recently hit a 24-year high.
  3. 3The Vanguard Total Bond Market ETF recorded a -2.72% total return year-to-date.

So what's the key point?

The JPMorgan Chase CEO warned that market conditions could become difficult. Investors are seeing losses as bond yields reach their highest levels in 24 years.

Source The Motley Fool +1 · View original ↗

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