JPMorgan Chase CEO Dimon: U.S. bond market will be chaos, thus prompting the Federal Reserve to intervene
JPMorgan Chase Chief Executive Officer Jamie Dimon said he expects the U.S. bond market will be a ‘chaos,’ thus prompting the Federal Reserve to intervene. Damon said on Friday's earnings call that ‘there's going to be some chaos in the U.S. bond market due to various rules and regulations.’ He added that the Fed would then step in, but not until ‘they start to panic a little bit.’ Yields, particularly long bond yields, have climbed sharply this week as Trump's tariff policy continuum triggers broader market turmoil. The move has raised questions about whether the asset has lost its safe-haven appeal and sparked fears of a big unwinding of the basis trade.
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