Arthur Hayes: If the volatility of US debt is transmitted to the MOVE index, it may trigger policy intervention

Odaily News Arthur Hayes, co-founder of BitMEX, commented on the recent sharp fluctuations in the 10-year U.S. Treasury yield, saying, "This move is not small, and the BBC (i.e. the bond trader community) has been alerted. If this volatility spreads to the MOVE index (the U.S. Treasury volatility index), it is expected to trigger immediate policy action." The latest data shows that the 10-year U.S. Treasury yield has risen to 4.5445%, a significant rebound in three days.