JPMorgan Chase announced Thursday that it has gotten out of soon-to-mature U.S. Treasurys ahead of a possible default by the government.
"As of Oct. 9, 2013, the funds did not own any securities issued by the U.S. Treasury that mature or have scheduled coupon payments between Oct. 16, 2013, and Nov. 6, 2013," the company said in a statement.
Adam Jeffery | CNBC
Although clearly hedging its bets, JPMorgan also said it "continues to believe the that the probability of a U.S. government default is low."
(Read more: How 'preppers' are gearing up for a US default)
JPMorgan's announcement follows Fidelity Investments' Wednesday that it holds no U.S. debt coming due around the time the nation could hit its borrowing limit.
Play Video
Fidelity sells short-term US debt
The nation's largest money market mutual fund manager, Fidelity, sold t-bills due to pay interest at the end of the month. Andrew Burkly, Oppenheimer, and George Goncalves, Nomura, weigh in.
That was followed by Pimco founder Bill Gross saying he would follow the opposite strategy. "

We're) buying what Fidelity is selling," he said.
(Read more: Fidelity dumps debt; Gross keeps buying)
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http://www.cnbc.com/id/101104009
น่าสนใจว่า ถ้าไม่ default แล้ว JPM กำลังกลัวอะไร
JPMorgan exits US Treasurys to hedge default risk
"As of Oct. 9, 2013, the funds did not own any securities issued by the U.S. Treasury that mature or have scheduled coupon payments between Oct. 16, 2013, and Nov. 6, 2013," the company said in a statement.
Adam Jeffery | CNBC
Although clearly hedging its bets, JPMorgan also said it "continues to believe the that the probability of a U.S. government default is low."
(Read more: How 'preppers' are gearing up for a US default)
JPMorgan's announcement follows Fidelity Investments' Wednesday that it holds no U.S. debt coming due around the time the nation could hit its borrowing limit.
Play Video
Fidelity sells short-term US debt
The nation's largest money market mutual fund manager, Fidelity, sold t-bills due to pay interest at the end of the month. Andrew Burkly, Oppenheimer, and George Goncalves, Nomura, weigh in.
That was followed by Pimco founder Bill Gross saying he would follow the opposite strategy. "
(Read more: Fidelity dumps debt; Gross keeps buying)
==========
http://www.cnbc.com/id/101104009
น่าสนใจว่า ถ้าไม่ default แล้ว JPM กำลังกลัวอะไร