Treasury volatility crashes to lowest since 2022 while debt climbs past $37T. Bond market silence hides a brewing crisis.
Treasury volatility just hit rock bottom, the lowest since January 2022. The MOVE Index cratered. Fear? Gone. Hedging? Forget it. Market signals? Silent. Only a quiet calm that should scare you. “Volatility in the Treasuries market has dropped recently, with the ICE BofA MOVE Index falling to its lowest level since January 2022.” https://finance.yahoo.com/news/us-treasuries-volatility-gauge-falls-092845181.html Rates …