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JPMorgan Chase
CEO Jamie Dimon on Tuesday warned that rising government debt levels could trigger a crisis in the bond market, urging policymakers to act before markets force their hand.
Dimon’s statement was in response to a question about whether he was worried about rising levels of government debt “around the world and in your country.”
“The way it’s going now, there will be some kind of bond crisis, and then we’ll have to deal with it,” Dimon said at an investment conference held by Norway’s sovereign wealth fund, the largest in the world.
