Hedge Fund Titan Bill Ackman on the Short Side of Long-Term Bonds
August 10, 2023 at 08:08 AM EDT
With the expectation that rate hikes will be dissipating, fixed income investors may start to look at long-term Treasury debt again. However, hedge fund titan and Pershing Square Capital Management founder Bill Ackman said the opposite. A confluence of factors contributed to Ackman’s bet on shorting Treasury notes, including a potential de-dollarization by China (and [...] The post Hedge Fund Titan Bill Ackman on the Short Side of Long-Term Bonds appeared first on ETF Trends .