JPMorgan CEO Warns U.S. Treasury Yields Could Hit 6%

JPMorgan Chase Chairman Jamie Dimon warned the 10-year Treasury yield could climb to 6% from 5.217%, citing persistent inflation, fiscal deficits and AI infrastructure investment. AI-related bonds in the U.S. investment-grade market have already reached about $250 billion this year.

• U.S. 10-year Treasury yield stood at 5.217% on Oct. 13
• AI-related U.S. investment-grade bonds reached ~$250 billion this year
• AI firms' and SpaceX capex projected to top $1 trillion a year by 2030
• JPMorgan is tightening credit standards as covenants erode