Track MOVE Index: Arthur Hayes Warns of Market Volatility

Market observers are urged to pay close attention to the MOVE Index, as its fluctuations offer crucial insights into potential market stress. Arthur Hayes, co-founder of BitMEX, highlights that rising bond market volatility is revealing valuable information about the Fed’s actions. He warns that a surge in the MOVE index could lead to forced sales in the bond and corporate bond markets, especially if it surpasses 140 points. Such a move might significantly impact investor perception of risk, leading to heightened market volatility. Hayes emphasizes that observing financial mechanics beyond interest rate decisions is crucial for understanding market dynamics.