A failure in the US Treasury’s plan to tame long-term bond yields would pressure the dollar and spur short bets against riskier assets in the lead-up to November midterm elections, according to Bank of America Corp. strategist Michael Hartnett.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-08-21/bofa-s-hartnett-sees-pressure-on-risk-assets-if-bond-plan-fails)