The bond market is flashing a stress signal that could spill over into stocks, according to an economist

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• The bond market is showing signs it could be at risk of "funding stress," RSM said.
• The firm pointed to higher volatility & higher yields in the US Treasury market since the Iran war.
• The effects could eventually spread to areas like credit, currency, and the stock market, RSM said.

The US bond market is sending a warning to investors.

That's evident in the sharp increase in yields and volatility in Treasurys, two...