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FT News Briefing — JPMorgan swaps cash for Treasuries
Scout ratingSCOUT· 23%10m·2025-12-17·News Politics

JPMorgan swaps cash for Treasuries

FT News Briefing

Investors are snapping up Venezuela’s defaulted debt, JPMorgan Chase has withdrawn almost $350bn in cash from its account at the Federal Reserve since 2023, and the US unemployment rate rose to its highest level in more than four years. Plus, global asset managers’ cash holdings have fallen to a record low in a sign…

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