JPMorgan Chase boss Jamie Dimon warns interest rates are likely to climb 'significantly' higher than markets expect - The Australian Financial Review

The head of JPMorgan Chase, the largest US bank, warns that interest rates are likely to climb “significantly” higher than markets expect.

Investors have already pushed US bond yields sharply higher in expectation of tighter Fed policy. The yield on benchmark US 10-year bonds is now trading around 2.4 per cent, up from 1.6 per cent at t… [+3356 chars]

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