BlockBeats news, on May 31, JPMorgan CEO Dimon stated, “You will see the U.S. bond market ‘break.’ The Federal Reserve (FED) can try to manipulate long-term Intrerest Rates, but this manipulation won’t last long. We are fully prepared for Intrerest Rates to rise to 5%.” (Jin10)
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JPMorgan CEO: Fully prepared for interest rates to rise to 5%
BlockBeats news, on May 31, JPMorgan CEO Dimon stated, “You will see the U.S. bond market ‘break.’ The Federal Reserve (FED) can try to manipulate long-term Intrerest Rates, but this manipulation won’t last long. We are fully prepared for Intrerest Rates to rise to 5%.” (Jin10)