Steven Major Comments on Bond Market Volatility
Steven Major, a global macro advisor at Tradition Dubai, warns that longer-dated bonds are showing signs of volatility or instability, which he describes as getting "twitchy." He criticizes the US Treasury's practice of issuing long-term bonds at yields exceeding 5%, arguing this approach is unfavorable for taxpayers.
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Some Bonds Are Getting 'Twitchy,' Steven Major Says
Steven Major, a global macro advisor at Tradition Dubai, warns that longer-dated bonds are showing signs of volatility or instability, which he describes as getting "twitchy." He criticizes the US Treasury's practice of issuing long-term bonds at yields exceeding 5%, arguing this approach is unfavorable for taxpayers.
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