JPMorgan CEO Jamie Dimon Wouldn't Buy Stocks or Long-Dated Treasurys at Current Prices, Says Markets Underestimate Risks

JPM-0.65%
According to a CNBC interview released late Monday, JPMorgan Chase CEO Jamie Dimon said he would not purchase stocks or long-dated U.S. Treasurys at their current prices, warning that markets are underestimating geopolitical and fiscal risks. Dimon cited wars in Ukraine and the Middle East, U.S.-China tensions, and rising military spending amid mounting government deficits as threats not fully reflected in asset valuations. On Treasurys specifically, Dimon said the 10-year bond should be priced at 4% to 4.5% rather than current levels, predicting higher interest rates as bond investors demand greater compensation to finance government debt.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments