Former Treasury Chief Warns Bond Market Crash Could Hit Crypto Outlook

In the latest bond news, Henry Paulson, who steered the U.S. financial system through the 2008 collapse as Treasury Secretary, is warning that the $35 trillion U.S. debt load could trigger a Treasury bond market crash, and calling for an emergency “break-glass” contingency plan to be ready before it hits.The transmission channel to crypto is direct: a disorderly bond sell-off tightens dollar liquidity fas…