Bassman Warns of ‘Nightmare Scenario’ Amplifying US Bond Selloff

Harley Bassman, pioneer of one of the most widely followed indicators for US Treasuries, warns that a little-noticed feature of the market is threatening to worsen a monthslong selloff and...

By Victor Swezey and Edward Bolingbroke · Bloomberg Markets

Harley Bassman, pioneer of one of the most widely followed indicators for US Treasuries, warns that a little-noticed feature of the market is threatening to worsen a monthslong selloff and push bond yields even higher.