Jamie Dimon Warns Rates Could Climb Much Higher as Yields Hit Multi-Year Highs

7 articles · Updated · Bloomberg · May 21

Jamie Dimon said interest rates could rise well above current levels, warning bond investors as yields already sit at multi-year highs.
Bloomberg Television carried the remarks from the JPMorgan Chase chief, who said rates "could be much higher than they are today."
Dimon tied that risk to a possible shift from a global saving glut to a shortage of savings, a change that could keep upward pressure on borrowing costs.

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