Dimon Warns of Potential Disruption in $30 Trillion Treasury Market

JPMorgan Chase CEO Jamie Dimon anticipates a disruption in the nearly $30 trillion U.S. Treasury market, which may prompt Federal Reserve intervention. Key points include:

Dimon indicated that regulatory issues are preventing banks from buying when liquidity decreases.
Bond yields are rising due to investors pulling back from trades linked to Treasury futures.
Past disruptions led the Fed to initiate a multi-trillion-dollar bond-buying program.
Proposed reforms include exempting Treasuries from leverage ratio calculations to enable more institutional purchases.
If regulations remain unchanged, Dimon believes the Fed will need to intervene, which he views negatively.
A Treasury market crisis could affect global finance and potentially drive investors toward bitcoin as a hedge against instability, similar to trends observed in 2020.