Jamie Dimon, CEO of JPMorgan Chase & Co., has issued a warning to regulators about the bond market’s potential collapse. Speaking at an event organized by the Ronald Reagan Presidential Foundation, Dimon stated that a “crack in the bond market” will occur and expressed confidence that it is inevitable.
Dimon’s warning comes as investors remain vigilant over the bond market’s stability. Despite recent smooth Treasury auctions, concerns persist about the market’s resilience. The upcoming summer months are expected to bring significant changes with a key banking reform on the horizon.
The warning from Dimon highlights the importance of regulators being prepared for potential market disruptions. As one of the largest financial institutions in the world, JPMorgan Chase & Co.’s views carry significant weight in the industry.
Source: https://www.marketwatch.com/story/you-are-going-to-panic-jamie-dimon-tells-regulators-about-what-will-happen-when-the-bond-market-cracks-83ee3298