JPMorgan CEO Jamie Dimon Just Issued a Stark Warning About Long-Term US Bonds: 'I Would Not Be a Buyer...'
Jamie Dimon says he would not buy long-dated government bonds, citing fiscal deficits and long-term interest rate risks.
JPMorgan's leader thinks long-term U.S. government bonds are risky because the government spends more money than it has, and he worries interest rates could rise. When smart money leaders worry about bonds, it's a signal to watch whether other investors get nervous about the U.S. economy too.
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