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JP Morgan's CEO Jamie Dimon says to prepare for higher interest rates. JP Morgan's asset management division says to prepare for lower interest rates. What? Trying to figure out which is why, and what fundamental values might actually determine future interest rate levels while looking to the US banking system for crucial clues. Beyond each side of JPM, of course.
Eurodollar University's Money & Macro Analysis
Bloomberg: Dimon Warns 7% Fed Rate Still Possible, Times of India Says
https://www.bloomberg.com/news/articles/2023-09-26/dimon-warns-world-may-not-be-prepared-for-fed-at-7-toi-lmzl7rao
Reuters: J.P. Morgan Asset Management bullish on Treasuries as Fed done with hikes
https://www.reuters.com/article/usa-bonds-jp-morgan/j-p-morgan-asset-management-bullish-on-treasuries-as-fed-done-with-hikes-idINL8N3AQ5MU
CNBC: Jamie Dimon cautions the 10-year Treasury yield could hit 5%: ‘It’s a higher probability than most people think’
https://www.cnbc.com/2018/08/06/jp-morgans-jamie-dimon-cautions-10-year-treasury-note-rate-to-hit-5-percent.html
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