CNBC · Finance · 2026-08-21
U.S. bond intervention is like 'paying your mortgage with your credit card,' JPMorgan's Sullivan says
The U.S. government's efforts to manage pressure in the Treasury market risk merely shifting the problem down the road, according to JPMorgan's James Sullivan. U.S. bond intervention is like 'paying your mortgage with your credit card,' JPMorgan's Sullivan says
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