Bessent Dismisses Dimon’s Bond Market Warning as Business Leaders Sound Alarms Over U.S. Deficit and Fiscal Path

U.S. Treasury Secretary Scott Bessent on Sunday rejected dire warnings from JPMorgan CEO Jamie Dimon that the country’s bond market is heading for a rupture due to runaway spending and lax fiscal discipline. Speaking on CBS’ Face the Nation, Bessent downplayed Dimon’s concerns as typical of his forecasting style and reassured Americans that the administration [...]The post Bessent Dismisses Dimon’s Bond Market Warning as Business Leaders Sound Alarms Over U.S. Deficit and Fiscal Path appeared first on Tekedia.

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