Jamie Dimon warns of potential bond market crisis from rising government debt
Updated
Updated · CNBC · Apr 28
Jamie Dimon warns of potential bond market crisis from rising government debt
10 articles · Updated · CNBC · Apr 28
Speaking at Norway's sovereign wealth fund conference, Dimon highlighted global government debt and risks like geopolitics and oil, warning policymakers to act before markets force intervention.
He explained a bond crisis could cause sudden yield spikes and liquidity breakdowns, similar to the 2022 UK gilt crisis, likely requiring central bank intervention.
Dimon also noted that while private credit is not yet a systemic risk, a broad credit downturn could be harsher than expected due to the long absence of a credit recession.
Beyond government debt, what hidden financial plumbing could trigger the next crisis?
Was the UK's 2022 market meltdown a preview of a coming global collapse?
Are central banks' only options a 'policy error' or a massive market bailout?
With a bond crisis looming, is your retirement portfolio truly safe?
As America's debt soars, have the 'bond vigilantes' already returned to markets?
How is the ongoing Iran conflict accelerating the path to a global bond crash?