Buffett and Ackman take opposing sides on Treasury yields — What does it mean for Bitcoin?
Two investment moguls are betting on different directions for inflation and Treasury yields, with potentially negative impacts on Bitcoin. Warren Buffett and Bill Ackman are two of the most successful investors in the world, but they have taken opposing views on the bond market in recent months. Only one can be right. Billionaire investor Bill Ackman says he is shorting US Treasuries. if long-term inflation is 3% not 2%, the 30y Treasury yield could rise to 5.5%. In contrast, Warren Buffett has announced buying positions in 10y US Treasuries. Shorting US 10y bonds seems… pic.twitter.com/X2zSPzJ91Y — Holger Zschaepitz (@Schuldensuehner) August 5, 2023 Buffett has been buying short-term Treasury bills, while Ackman has been shorting long-term Treasury bonds. Could both of these investors be right? Warren Buffett is the chairman and CEO of Berkshire Hathaway, one of the world's largest investment holding companies. Buffett’s worth is estimated to be over $100 billion. Bill Ackma...