John Biers - Profile and Journalist Details
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John Biers
Verified
Business Reporter, Agence France-Presse (AFP)
New York
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Content
By John Biers Verified|Barron'sVerifiedJPMorgan Chase CEO Jamie Dimon said Friday that US Treasury bonds remained a safe place in an unpredictable world as he warned of "considerable turbulence" facing the economy. The big US bank reported higher quarterly profits in results overshadowed by upheaval in financial markets as equity markets have churned amid gyrations in the US Treasury market and a falling US dollar. US bond yields were up again early Friday, indicating weaker demand for US Treasuries, long considered a safe haven asset.
By John Biers Verified|Barron'sVerifiedThe US has long been considered a financial safe haven. The sell-off of the dollar, stocks and Treasury bonds in a spree sparked by panic at President Donald Trump's trade war is starting to raise questions about if that's still true. US equities and the greenback have been under pressure for weeks. This week, the volatility spread to the US Treasury market, long considered by global investors to be a refuge.
By John Biers Verified|Barron'sVerifiedThe US has long been considered a financial safe haven. The sell-off of the dollar, stocks and Treasury bonds in a spree sparked by panic at President Donald Trump's trade war is starting to raise questions about if that's still true. US equities and the greenback have been under pressure for weeks. This week, the volatility spread to the US Treasury market, long considered by global investors to be a refuge.
Company Info
Agence France-Presse (AFP)
Agence France-Presse (AFP) is a prominent global news agency known for its extensive and reliable coverage of international events. With a network of 1,700 journalists, AFP provides in-depth reporting on various topics, including business, politics, health, and culture. It has the largest news gathering footprint worldwide, ensuring comprehensive coverage of significant issues affecting daily life. AFP offers a variety of services designed for large companies, startups, agencies, international institutions, and NGOs. These include corporate content services that deliver trusted editorial content, a digital verification network for fact-checking, and tailored news feeds that provide customized news dispatches in six languages, available 24/7. Additionally, AFP produces over 3,000 news dispatches daily and offers photo services to capture significant events.
Kabul, Afghanistan
+33 1 40 41 46 46
Founded: 1835