JPMorgan CEO Jamie Dimon Just Issued a Stark Warning About Long-Term US Bonds: 'I Would Not Be a Buyer...'

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JPMorgan Chase CEO Jamie Dimon has said he would not buy long-dated government bonds, warning that elevated government debt and persistent fiscal deficits across major economies could eventually push interest rates higher and unsettle financial markets.

Speaking on an episode of The Master Investor Podcast with Wilfred Frost released Monday, Dimon was asked whether he would buy long-dated government bonds at current levels. "Personally, no," he replied, before adding, "I would not be a buyer."

Source: Yahoo Finance →