Jamie Dimon won’t put more of his own money into the long end of the bond market right now—thanks to the $39 trillion national debt

Jamie Dimon, CEO of J.P. Morgan Chase, refuses to invest in long-dated U.S. Treasury bills due to concerns over a potential bond market crisis linked to the $39 trillion national debt. He criticizes policymakers for inaction on debt reduction and highlights risks from rising interest rates and inflation expectations affecting long-term Treasury yields.