Dimon's letter says "we are prepared for - though we are not predicting - a recession".

Jamie Dimon backtracks on yields

Eight months ago, the JPMorgan boss said that the likelihood of the 10-year US Treasury yield reaching 5 per cent was "a higher probability than most people think".

China has mounted a years-long campaign to boost foreign investment into its bond market.

US fund set to taste Chinese bonds

China's domestic bonds are set to be included in a benchmark global index, but one large United States fund manager is taking a cautious approach.

Greece's Prime Minister Alexis Tsipras

Greece to sell bonds without safety net

Greece will sell bonds for the first time since the end of its international bailout, testing investor interest in the country's newfound economic independence.