JPMorgan Chase & Co.’s chief executive, Jamie Dimon, came out on Monday with another warning about the bond market that some observers said could prompt more investors to look around the world and at other asset classes for protection.

A credit crunch could be brewing as bond market stress threatens small business lending, job stability, and economic growth.

Jamie Dimon, CEO of JPMorgan Chase, has once again sounded the alarm that the US Bond market is in danger of cracking if the United States does not regain control of its public finances.