Yield curve control does not get announced. It gets telegraphed. Asked what the signs would be, the answer on The Income Show starts with the direct ones: Bessent or Warsh saying out loud that it is needed, or headlines about bond market dysfunction. But the tell he actually tracks is bond volatility. "What I watch for specifically is the MOVE index." When it spikes too high, someone comes out and talks the bond market back down. These days that talk sounds like a Persian Gulf peace deal landing any day now. Here is what the talking is not fixing: "the long end of the curve is really starting to get away from these guys" And he does not think that is a glitch. The early 80s to 2021 was the bull market. What comes next, in his frame, is 40 to 50 years going the other way. "we are in the early years of a multi-decade bond bear market" Bonds stopped being the safe haven in 2021 and he does not expect them back in his lifetime. He puts the bottom around age 90 or 100. If he is right about the long end, which signal fires first: the MOVE spike, or an official saying it out loud? bitcoin:native @FormerDrJeff @IIICapital