Jamie Dimon cautions the 10-year Treasury yield could hit 5%: 'It's a higher probability than most people think'
"I think rates should be 4 percent today," Dimon says. The rate on the closely followed 10-year note remains below even the 3 percent level despite Dimon's expectations. J.P. Morgan Chase JPM chief Jamie Dimon says people should prepare for U.S. yields of 5 percent, warning investors that borrowing costs throughout the economy are likely to rise beyond even his prior forecasts.