Hayman Capital founder and chief investment officer Kyle Bass said the US could experience a “brief” recession to rebuild the foundation, which could be a “necessary reset” for the country's future growth. The bond market “went crazy” during the sell-off. This wave of decline was an overreaction.

Hayman Capital founder and chief investment officer Kyle Bass said the US could experience a “brief” recession to rebuild the foundation, which could be a “necessary reset” for the country's future growth. The bond market “went crazy” during the sell-off. This wave of decline was an overreaction.