TechFlow news, April 13 — According to CoinDesk, Jamie Dimon, CEO of JPMorgan Chase, said he is preparing for potential turmoil in the nearly $30 trillion U.S. Treasury market, and the Federal Reserve will only act when they start to feel somewhat panicked. The U.S. Treasury market plays a central role in global finance, setting the tone for everything from mortgage rates to corporate bond yields.
Dimon warned that if the financial system were to seize up again, the consequences could ripple across the entire economy. Turmoil in the U.S. Treasury market prompting Federal Reserve intervention could drive some investors toward bitcoin (BTC), which is often seen as a hedge against monetary instability—a scenario that appeared in 2020, when aggressive stimulus measures by the Fed coincided with a surge in bitcoin's price.
