
J.P. Morgan Comments on Bessent's Bond Market Actions and Stock Market Impact
J.P. Morgan has offered its perspective on US Treasury's recent actions, referred to as 'Bessent's bond fix,' to stabilize the bond market, pricing the associated costs and pouring cold water on the measures. Analysts are also questioning whether these moves to curb bond yields will effectively boost the stock market.
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J.P. Morgan just poured cold water on Bessent's bond fix
Read full article →J.P. Morgan just poured cold water on Bessent's bond fix
Treasury spent Wednesday, Aug. 19 buying itself some calm. Wall Street’s biggest bank spent Friday pricing what it cost.
By Tobi Opeyemi Amure
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