(CNBC) Pershing Square’s Bill Ackman revealed Monday he covered his bet against long-term Treasurys, believing that investors may increasingly buy bonds as a safe haven because of growing geopolitical risks, the latest of which being the Israel-Hamas war. “There is too much risk in the world to remain short bonds at current long-term rates.”
Bill Ackman covers bet against Treasurys, says ‘too much risk in the world’ to bet against bonds
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