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Analyst Warns of Bank of England Moment for US Debt, Steep Yield Increases
Otavio Costa, a Macro Strategist at Crescat Capital, a multidisciplinary asset management firm, has expressed concern about the state of the U.S. government securities liquidity index and its potential implications for the future of U.S. debt. He suggested that the U.S. is on the verge of experiencing its own ‘Bank of England’ moment prior to the elections, which could lead to a sharp increase in yields.