Jamie Dimon, CEO of JPMorgan Chase, warned at the Reagan National Economic Forum that excessive U.S. government spending and the Federal Reserve’s loose monetary policies are pushing the bond market toward a crisis. Describing it as a “looming fracture,” he said the collapse could occur in six months or six years but is inevitable, urging investors to prepare despite recent market resilience.
Tag: bond market
For the first time in over a decade, France’s borrowing costs have matched those of Greece, highlighting growing concerns about France’s rising debt and political instability. As Prime Minister Michel Barnier’s government faces opposition over a controversial budget, bond investors are wary that the country’s fiscal challenges could worsen. Meanwhile, Greece, once seen as a debt-laden crisis state, has made significant strides in reducing its debt, making its bonds more attractive to investors compared to France.
The Greek state on Wednesday borrowed 3.0 billion euros from the markets after the successful…
Greek Finance Minister Christos Staikouras welcomed the successful return of the country to capital markets…
