JPMorgan CEO Dimon: The bond market will eventually show cracks.
JPMorgan CEO Jamie Dimon warned that excessive spending by the U.S. government and The Federal Reserve (FED) could lead to cracks in the bond market, stating that future crises may be difficult to predict, and called for a change in the debt trajectory. He expressed concerns about global deficit spending, implying that the phenomenon of "bond vigilantes" may reappear.
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