Jamie Dimon, Chairman and CEO of JPMorgan Chase, expressed grave concern over the risk of a looming US debt market crisis. (Photo by SAUL LOEB / AFP)
SAN FRANCISCO, United States – JPMorgan Chase chief executive Jamie Dimon voiced concern Sunday at the risk of a looming US debt market crisis sparked by the Trump administration’s economic policies.
“It’s a big deal. It is a real problem,” Dimon told Maria Bartiromo on FOX Business Network’s “Mornings with Maria” show, according to an excerpt of the interview that will air in full Monday.
“The bond market is going to have a tough time. I don’t know if it’s six months or six years,” he said.
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Dimon cautioned that once investors become aware of the impact of rising debt levels, interest rates would skyrocket and markets…
