JPMorgan CEO Jamie Dimon said long-term Treasuries are not a good buy even if stocks fall, reinforcing a cautious stance on the duration trade. The market signal is somewhat already reflected in investor behavior this year, but the comment may still affect bond positioning and relative value expectations.
JPMorgan CEO Jamie Dimon said long-term Treasuries are not a good buy even if stocks fall, reinforcing a cautious stance on the duration trade. The market signal is somewhat already reflected in investor behavior this year, but the comment may still affect bond positioning and relative value expectations.
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