Group 1 - Jamie Dimon, CEO of JPMorgan Chase, warns of impending "cracks" in the bond market, suggesting that financial regulators may panic when it occurs [1] - Dimon criticizes the current financial regulatory framework, highlighting "deep flaws" in existing rules, especially after the bond market's turmoil in April [1] - Proposed adjustments to the supplementary leverage ratio could stabilize the $29 trillion U.S. Treasury market, according to Dimon [1] Group 2 - As of Friday, the yields on 10-year and 30-year U.S. Treasuries rose to 4.418% and 4.931%, respectively, marking a 25 basis point increase in May, the largest monthly rise this year [2] - Not all industry experts share Dimon's concerns; Tom di Galoma from Mischler Financial Group believes the bond market has already "broken" since April but notes recent successful auctions indicate a return to calm [2] - Treasury Secretary Yellen is working to lower the 10-year Treasury yield to stimulate the housing market and ease credit tightening, collaborating with regulators on potential reforms [2] Group 3 - Risks persist in the market, including proposed large-scale tax and spending bills by Republicans that could increase federal deficits and bond issuance, raising interest rates [3] - Uncertainties surrounding Trump's tariff policies and legal issues may decrease foreign investment interest in U.S. assets [3] - Despite warnings, Dimon remains optimistic about overcoming challenges, with JPMorgan's stock down 0.1% but up 10.1% year-to-date [3]
只是时间问题!摩根大通CEO戴蒙警告美债市场或面临重大冲击
Zhi Tong Cai Jing·2025-05-30 23:31