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U.S. bond intervention is like 'paying your mortgage with your credit card,' JPMorgan's Sullivan says

Friday, August 21, 2026


James Sullivan, a strategist at JPMorgan, stated that U.S. government efforts to manage pressure in the Treasury market risk shifting the problem to a later date. Sullivan did not provide additional details about which specific interventions he was referring to or what timeline he expected for the effects of such measures.

Original reporting: https://www.cnbc.com/2026/08/21/us-bond-intervention-shifting-problem-future-jpmorgan.html

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