Ex-Treasury chief warns of US bond crash, calls for contingency plan
Burns Brief
“When we hit it, it will be vicious, so we have to prepare for that eventuality,” said former Treasury Secretary Henry Paulson on a potential US Treasury market crisis The news has rattled market participants, with bears looking to push prices lower while bulls attempt to defend key support levels. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.
“When we hit it, it will be vicious, so we have to prepare for that eventuality,” said former Treasury Secretary Henry Paulson on a potential US Treasury market crisis.
Key Takeaways
- “When we hit it, it will be vicious, so we have to prepare for that eventuality,” said former Treasury Secretary Henry Paulson on a potential US Treasury market crisis