Jamie Dimon warned interest rates could rise much higher from current levels, citing a shift from a global savings glut to insufficient savings. He said concerns over higher oil prices, persistent inflation, government spending in the US, Japan and the UK, and AI-driven economic growth are pressuring long-term bonds. Dimon warned investors may eventually demand significantly higher compensation to hold long-duration debt.

2026-05-21

Jamie Dimon warned interest rates could rise much higher from current levels, citing a shift from a global savings glut to insufficient savings. He said concerns over higher oil prices, persistent inflation, government spending in the US, Japan and the UK, and AI-driven economic growth are pressuring long-term bonds. Dimon warned investors may eventually demand significantly higher compensation to hold long-duration debt.