JPMorgan (JPM) sells $1.75B in 30 year bonds priced to yield 140 basis points more than U.S. 30...

|About: JPMorgan Chase & Co. (JPM)|By:, SA News Editor

JPMorgan (JPM) sells $1.75B in 30 year bonds priced to yield 140 basis points more than U.S. 30 year bond. Six months ago, a similar sale produced a yield of 165 bps more than the equivalent Treasury. A credit analyst notes the bank will earn $20B in profits over the next 2 years.