Jamie Dimon Warns of 5% Treasury Yields
- JPMorgan CEO sees potential for 10-year yield to reach 5%
- Says current bull market could run for 2 or 3 more years
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Not content with a previous warning investors should brace for U.S. yields of 4 percent, Jamie Dimon went one further at the weekend, suggesting 5 percent was a distinct possibility.
The JPMorgan Chase & Co. chief executive officer said Saturday people should be prepared to deal with the benchmark 10-year bond yield at 5 percent or higher.