Report
A warning that a little-noticed market feature could worsen the US Treasury selloff
Bloomberg describes Harley Bassman as a pioneer of a widely followed Treasury indicator; he warns yields could climb further.
TLDR
Bloomberg reports that Harley Bassman, a pioneer of one of the most widely followed indicators for US Treasuries, warns a little-noticed market feature could worsen a monthslong bond selloff and push yields even higher.
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