A JPMorgan research chief compared the strategy to paying a mortgage with a credit card, warning it does nothing to reduce the underlying debt burden

Secondo gli strategist della banca d’affari il maxi-buyback obbligazionario annunciato dal Tesoro americano è un tampone temporaneo, ma i problemi di fondo restano. E il rischio…

JPMorgan warns the US Treasury's doubled bond buyback program may push yields higher, not lower, amid fiscal deficit concerns and surging debt