Business

JPMorgan Criticizes U.S. Bond Intervention

Updated 2026-08-21 02:55 UTC 1 source Negative

JPMorgan's James Sullivan criticized the U.S. government’s efforts to manage pressure in the Treasury market, comparing it to using a credit card to pay a mortgage.

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CNBC
The U.S. government's efforts to manage pressure in the Treasury market risk merely shifting the problem down the road, according to JPMorgan's James Sullivan.
2026-08-21 02:48 UTC
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