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Treasury's Accelerated Buybacks Of Bonds Only Kick The Issue Down The Road, Top JPMorgan Analyst Says

Treasury
International Business Times Fews App News Provider
Fews App Post Time 3h ago

A top JPMorgan analyst said the Treasury's buybacks of debt only kicks the issue down the road. Reuters A top JPMorgan analyst said the Treasury's buybacks of debt only kicks the issue down the road. "It's a little bit like paying your mortgage with your credit card," said James Sullivan, JPMorgan's co-head of global fundamental research when speaking to CNBC on Friday.

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