JPMorgan's Dimon Says Violent Moves in Treasuries Are Possible
- CEO says the Treasury market is one thing he worries about
- Comments aren't a prediction, just a possibility, Dimon says
Jamie Dimon, chairman and chief executive officer of JPMorgan Chase and Co.
Photographer: Tim Boyle/BloombergThis article is for subscribers only.
Jamie Dimon, JPMorgan Chase & Co.’s chief executive officer, said the bank will be prepared for the possibility that Treasury prices move violently when interest rates rise.
“The one thing I do worry a little bit about, by the way, is Treasuries,” Dimon said Friday at a conference in New York sponsored by Barclays Plc. “Interest rates have been so low, for so long,” he said, adding that some traders and their managers have never experienced a rising interest-rate environment.