{"id":76883,"date":"2018-05-08T19:21:20","date_gmt":"2018-05-08T19:21:20","guid":{"rendered":"http:\/\/www.bnreport.com\/jpmorgans-dimon-says-prepare-for-4-bond-yields\/"},"modified":"2018-05-08T19:21:20","modified_gmt":"2018-05-08T19:21:20","slug":"jpmorgans-dimon-says-prepare-for-4-bond-yields","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/jpmorgans-dimon-says-prepare-for-4-bond-yields\/","title":{"rendered":"JPMorgan’s Dimon says prepare for 4% bond yields"},"content":{"rendered":"

By Stephen Engle and Christopher Anstey<\/strong><\/p>\n

JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon<\/a> said its possible U.S. growth and inflation prove fast enough to prompt the Federal Reserve to raise interest rates more than many anticipate, and it would be wise to prepare for benchmark yields to climb to 4 percent. <\/p>\n

\u201cIt might force the 10-year up\u201d if the Fed boosts short-term rates more than expected, Dimon said in an interview with Bloomberg Televisions Stephen Engle in Beijing, referring to the yield on 10-year Treasury notes. \u201cYou can easily deal with 4 percent bonds and I think people should be prepared for that.\u201d <\/p>\n

As long as rates climbed because the U.S. economy was in good health, the move would amount to \u201cnormalization,\u201d Dimon said. <\/p>\n

With the Fed paring back its balance sheet and the federal government increasing its borrowing, the U.S. will have to finance by the end of the year \u201c$400 billion a quarter \u2014 thats a lot, thats a huge shift from the past,\u201d Dimon also said. Along with cutbacks in bond purchases by other central banks, it \u201cmay cause more volatility, higher rates in a way we dont fully understand\u201d given the exit from quantitative easing<\/a> is unprecedented, he said. <\/p>\n

The JPMorgan CEO spoke in a week when the U.S. will auction a combined $73 billion of coupon-bearing securities as the Treasury boosts issuance to cope with a swelling deficit. While supply concerns have prompted some to declare the end of the decades-long bull market in bonds, others see 10-year yields staying relatively contained. <\/p>\n

In the first of three note offerings this week, the Treasury will auction $31 billion of three-year notes Tuesday, followed by 10-year and 30-year sales on Wednesday and Thursday. The new 2021 note is currently yielding around 2.65 percent in when-issued trading ahead of the sale, while the benchmark 10-year rate is at 2.95 percent. <\/p>\n

Billionaire bond investor Bill Gross at Janus Henderson said in a May 3 interview he expects the yield to \u201cmeander\u201d between 2.80 percent and 3.15 percent for the rest of the year \u2014 in what he termed a \u201c hibernating bear market.\u201d Dan Ivascyn, who runs the worlds largest actively managed bond fund at Pacific Investment Management Co., said last month that it was \u201c premature to begin declaring a bear market\u201d and that yields beyond 3 percent could present a buying opportunity. <\/p>\n

For Dimon, the key is that markets are in uncharted territory when it comes to what central banks are setting out to do. <\/p>\n

\u201cWeve never had QE, weve never had reversal,\u201d Dimon said. <\/p>\n

JPMorgans chief is hopeful U.S.-China trade tensions wont derail his banks plans to set up in China \u2014 read more here. <\/p>\n

<\/a><\/strong> <\/a><\/p>\n

Original Article<\/a><\/p>\n

[contf]
\n[contfnew]
\n <\/p>\n

ET Markets<\/a><\/h5>\n

[contfnewc]
\n[contfnewc]<\/p>\n","protected":false},"excerpt":{"rendered":"

By Stephen Engle and Christopher Anstey<\/p>\n

JPMorgan Chase & Co..<\/p>\n","protected":false},"author":1,"featured_media":76884,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[202],"tags":[],"class_list":["post-76883","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"\nJPMorgan's Dimon says prepare for 4% bond yields - Business News Report<\/title>\n<meta name=\"description\" content=\"By Stephen Engle and Christopher Anstey JPMorgan Chase & Co..\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bnreport.com\/en\/jpmorgans-dimon-says-prepare-for-4-bond-yields\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"JPMorgan's Dimon says prepare for 4% bond yields - Business News Report\" \/>\n<meta property=\"og:description\" content=\"By Stephen Engle and Christopher Anstey JPMorgan Chase & Co..\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.bnreport.com\/en\/jpmorgans-dimon-says-prepare-for-4-bond-yields\/\" \/>\n<meta property=\"og:site_name\" content=\"Business News Report\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/\" \/>\n<meta property=\"article:published_time\" content=\"2018-05-08T19:21:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/05\/jamiedimon-reuters.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"672\" \/>\n\t<meta property=\"og:image:height\" content=\"504\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"infopal11\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@BNReport\" \/>\n<meta name=\"twitter:site\" content=\"@BNReport\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"infopal11\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/jpmorgans-dimon-says-prepare-for-4-bond-yields\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/jpmorgans-dimon-says-prepare-for-4-bond-yields\\\/\"},\"author\":{\"name\":\"infopal11\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/person\\\/19d1c5a2dd7f60584a09de4a7805d68f\"},\"headline\":\"JPMorgan’s Dimon says prepare for 4% bond yields\",\"datePublished\":\"2018-05-08T19:21:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/jpmorgans-dimon-says-prepare-for-4-bond-yields\\\/\"},\"wordCount\":455,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/jpmorgans-dimon-says-prepare-for-4-bond-yields\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2018\\\/05\\\/jamiedimon-reuters.jpg\",\"articleSection\":[\"Finance\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.bnreport.com\\\/en\\\/jpmorgans-dimon-says-prepare-for-4-bond-yields\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/jpmorgans-dimon-says-prepare-for-4-bond-yields\\\/\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/jpmorgans-dimon-says-prepare-for-4-bond-yields\\\/\",\"name\":\"JPMorgan's Dimon says prepare for 4% bond yields - Business News Report\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/jpmorgans-dimon-says-prepare-for-4-bond-yields\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/jpmorgans-dimon-says-prepare-for-4-bond-yields\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2018\\\/05\\\/jamiedimon-reuters.jpg\",\"datePublished\":\"2018-05-08T19:21:20+00:00\",\"description\":\"By Stephen Engle and Christopher Anstey JPMorgan Chase & Co..\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/jpmorgans-dimon-says-prepare-for-4-bond-yields\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.bnreport.com\\\/en\\\/jpmorgans-dimon-says-prepare-for-4-bond-yields\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/jpmorgans-dimon-says-prepare-for-4-bond-yields\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2018\\\/05\\\/jamiedimon-reuters.jpg\",\"contentUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2018\\\/05\\\/jamiedimon-reuters.jpg\",\"width\":672,\"height\":504},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/jpmorgans-dimon-says-prepare-for-4-bond-yields\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"\u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629\",\"item\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"JPMorgan’s Dimon says prepare for 4% bond yields\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\",\"name\":\"Business News Report\",\"description\":\"Latest News on the World of Politics & Business\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\",\"name\":\"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/LOGO2.png\",\"contentUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/LOGO2.png\",\"width\":200,\"height\":50,\"caption\":\"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/Business-NewsReport-328225811095934\\\/\",\"https:\\\/\\\/x.com\\\/BNReport\",\"https:\\\/\\\/www.instagram.com\\\/business.newsreport\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/person\\\/19d1c5a2dd7f60584a09de4a7805d68f\",\"name\":\"infopal11\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/author\\\/infopal11\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"JPMorgan's Dimon says prepare for 4% bond yields - Business News Report","description":"By Stephen Engle and Christopher Anstey JPMorgan Chase & Co..","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.bnreport.com\/en\/jpmorgans-dimon-says-prepare-for-4-bond-yields\/","og_locale":"en_US","og_type":"article","og_title":"JPMorgan's Dimon says prepare for 4% bond yields - Business News Report","og_description":"By Stephen Engle and Christopher Anstey JPMorgan Chase & Co..","og_url":"https:\/\/www.bnreport.com\/en\/jpmorgans-dimon-says-prepare-for-4-bond-yields\/","og_site_name":"Business News Report","article_publisher":"https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/","article_published_time":"2018-05-08T19:21:20+00:00","og_image":[{"width":672,"height":504,"url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/05\/jamiedimon-reuters.jpg","type":"image\/jpeg"}],"author":"infopal11","twitter_card":"summary_large_image","twitter_creator":"@BNReport","twitter_site":"@BNReport","twitter_misc":{"Written by":"infopal11","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.bnreport.com\/en\/jpmorgans-dimon-says-prepare-for-4-bond-yields\/#article","isPartOf":{"@id":"https:\/\/www.bnreport.com\/en\/jpmorgans-dimon-says-prepare-for-4-bond-yields\/"},"author":{"name":"infopal11","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/person\/19d1c5a2dd7f60584a09de4a7805d68f"},"headline":"JPMorgan’s Dimon says prepare for 4% bond yields","datePublished":"2018-05-08T19:21:20+00:00","mainEntityOfPage":{"@id":"https:\/\/www.bnreport.com\/en\/jpmorgans-dimon-says-prepare-for-4-bond-yields\/"},"wordCount":455,"commentCount":0,"publisher":{"@id":"https:\/\/www.bnreport.com\/en\/#organization"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/jpmorgans-dimon-says-prepare-for-4-bond-yields\/#primaryimage"},"thumbnailUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/05\/jamiedimon-reuters.jpg","articleSection":["Finance"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.bnreport.com\/en\/jpmorgans-dimon-says-prepare-for-4-bond-yields\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.bnreport.com\/en\/jpmorgans-dimon-says-prepare-for-4-bond-yields\/","url":"https:\/\/www.bnreport.com\/en\/jpmorgans-dimon-says-prepare-for-4-bond-yields\/","name":"JPMorgan's Dimon says prepare for 4% bond yields - Business News Report","isPartOf":{"@id":"https:\/\/www.bnreport.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.bnreport.com\/en\/jpmorgans-dimon-says-prepare-for-4-bond-yields\/#primaryimage"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/jpmorgans-dimon-says-prepare-for-4-bond-yields\/#primaryimage"},"thumbnailUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/05\/jamiedimon-reuters.jpg","datePublished":"2018-05-08T19:21:20+00:00","description":"By Stephen Engle and Christopher Anstey JPMorgan Chase & Co..","breadcrumb":{"@id":"https:\/\/www.bnreport.com\/en\/jpmorgans-dimon-says-prepare-for-4-bond-yields\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.bnreport.com\/en\/jpmorgans-dimon-says-prepare-for-4-bond-yields\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.bnreport.com\/en\/jpmorgans-dimon-says-prepare-for-4-bond-yields\/#primaryimage","url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/05\/jamiedimon-reuters.jpg","contentUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/05\/jamiedimon-reuters.jpg","width":672,"height":504},{"@type":"BreadcrumbList","@id":"https:\/\/www.bnreport.com\/en\/jpmorgans-dimon-says-prepare-for-4-bond-yields\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"\u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629","item":"https:\/\/www.bnreport.com\/en\/"},{"@type":"ListItem","position":2,"name":"JPMorgan’s Dimon says prepare for 4% bond yields"}]},{"@type":"WebSite","@id":"https:\/\/www.bnreport.com\/en\/#website","url":"https:\/\/www.bnreport.com\/en\/","name":"Business News Report","description":"Latest News on the World of Politics & Business","publisher":{"@id":"https:\/\/www.bnreport.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.bnreport.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.bnreport.com\/en\/#organization","name":"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a","url":"https:\/\/www.bnreport.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/12\/LOGO2.png","contentUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/12\/LOGO2.png","width":200,"height":50,"caption":"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/","https:\/\/x.com\/BNReport","https:\/\/www.instagram.com\/business.newsreport"]},{"@type":"Person","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/person\/19d1c5a2dd7f60584a09de4a7805d68f","name":"infopal11","url":"https:\/\/www.bnreport.com\/en\/author\/infopal11\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts\/76883","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/comments?post=76883"}],"version-history":[{"count":0,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts\/76883\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/media\/76884"}],"wp:attachment":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/media?parent=76883"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/categories?post=76883"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/tags?post=76883"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}