U.S. Treasury volatility spikes, sounding an alarm! BofA's Hartnett warns of rising deleveraging risk, with rising yields becoming the main threat to the market.

Zhito Finance APP has learned that Bank of America strategist Michael Hartnett warned that the recent sharp rise in volatility in the U.S. bond market is increasing the risk of broader deleveraging in financial markets. As U.S. Treasuries suffer a fierce selloff, the MOVE index, which measures expected volatility in the U.S. Treasury market, surged about 35% in just two trading days, indicating that the financial system using U.S. Treasuries as collateral is facing greater pressure.