JPMorgan climbs as 10-year Treasury yield tops 4.8%
JPMorgan Chase shares rose about 0.5% to $357.72 as the 10-year Treasury yield hit 4.8%, its highest level since early 2025.
JPMorgan Chase NYSE:JPM, America's largest bank by assets, climbed approximately 0.5% to $357.72 on Tuesday as the 10-year Treasury yield punched through 4.8%, its highest level since early 2025.
Oil-fueled inflation fears are hammering bonds, hardening rate expectations and putting the banking gia…