BUSINESSBLOOMBERG
BofA’s Hartnett Sees Pressure on Risk Assets If Bond Plan Fails
According to Bank of America Corp. strategist Michael Hartnett, a failure in the US Treasury’s plan to tame long-term bond yields would potentially pressure the dollar and spur short bets against riskier assets. This warning specifically addresses market conditions expected in the lead-up to November midterm elections.
Mentioned
Related Signal
Adjacent reporting
- A panicking Fed is just what the bond market needs, says Bank of America’s chief strategist
- BofA’s Hartnett Sees a Republican Senate Win Fueling Stock Rally
- Situational Awareness hedge fund meltdown was a warning shot for leveraged markets, BofA CEO says
- BofA’s Hartnett Says Stock Market Ripe for Profit Taking in June
- Ex-Treasury chief warns of US bond crash, calls for contingency plan