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Utilities: What If Jamie Dimon’s Forecast Comes True?

Vincent Kruger
Utilities: What If Jamie Dimon’s Forecast Comes True?

Last week, Jamie Dimon, JPMorgan Chase’s chairman and CEO, said that investors should be prepared to deal with ten-year Treasury yields reaching 5% or higher, according to CNBC. Currently, Dimon expects the yields at 4% due to the strengthening economy.