Home > JPMorgan CEO Jamie Dimon Talks About Investing In Treasury

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JPMorgan CEO Jamie Dimon Talks About Investing In Treasury

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JPMorgan's Jamie Dimon told CNBC he wouldn't touch US Treasurys with a "10-foot pole." Dimon says they're a poor investment right now. The yield on the 10-year US Treasury note was last at around only 0.9%. That comes despite having doubled in around four months. Business Insider reports that interest rates remain near record lows and investors prefer equities right now. Speaking at a virtual conference, Dimon said there may be a bubble in some parts of the stock market, but not all of it. He also expressed support for a second US stimulus package.

Added on the 09/12/2020 11:31:25 - Copyright : Wochit

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