JPMorgan's Jamie Dimon Says He Would Not Buy Long-Dated Treasuries or Stocks at Current Prices

JPMorgan CEO Jamie Dimon said he would not currently buy long-dated U.S. government bonds or make major stock purchases at current prices. According to NS3.AI, Dimon said global debt and fiscal deficits are too high. He added that the 10-year U.S. Treasury yield should be between 4% and 4.5% even if inflation falls to 2%.