Buying a 10 year T-bond means you are only losing 1% a year. Multiple that by all cash in the country equals.....well it means JPM can poo-poo $2B in losses..

Thanks Bubbles.

 The Consumer Price Index for All Urban Consumers (CPI-U) increased
0.3 percent in March on a seasonally adjusted basis, the U.S. Bureau
of Labor Statistics reported today. Over the last 12 months, the all
items index  increased 2.7 percent before seasonal adjustment.

The indexes for food, energy, and all items less food and energy all
increased in March. The gasoline index continued to rise, more than
offsetting a decline in the household energy index and leading to a
0.9 percent increase in the energy index. The food index rose 0.2
percent as the index for meats, poultry, fish, and eggs increased
notably.