JPMorgan Chase is sliding in pre-market trading as investors react to the company's latest earnings report released overnight. While the bank reported profit growth driven by strength in investment banking and trading, the stock is facing downward pressure amid broader concerns regarding rising Treasury yields, which have reached 24-year highs. This negative sentiment aligns with warnings from CEO Jamie Dimon regarding a potential corporate credit squeeze and market expectations that rising funding costs and credit deterioration could offset the bank's operational gains.