*Walter Bloomberg|Aug 21, 2026 11:08
BOFA WARNS BOND PLAN FAILURE COULD HIT RISK ASSETS
BofA strategist Michael Hartnett warns risk assets could face selling pressure if the U.S. Treasury fails to push 30-year yields below 5%.
He sees potential weakness in the dollar and increased short bets against AI hyperscalers, private credit and financial stocks.
The warning comes as 30-year yields hover around 5.2% despite Treasury intervention, while rising government debt keeps bond markets under pressure.(*Walter Bloomberg)
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