Dimon warns of bond crisis as yields hit multi-year highs
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U.S. Treasury yields have reached their highest levels in about a year, with the 30-year yield surpassing 5% for the first time since 2007, raising inflation concerns. Jamie Dimon warned that factors like war, deficits, and oil prices could trigger a bond crisis, increasing borrowing costs. Meanwhile, U.S. stocks have reached record highs, fueled by AI optimism and strong earnings, indicating a divide in market sentiment.
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