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Bill Ackman: Interest rates can and will go higher. (US30Y)

Summary by Ground News
The U.S. went through a very unusual period with extremely low interest rates, where everything was cheaper, Bill Ackman says. The Federal Reserve balance sheet is “imprudent,” he said. The 30-year Treasury (US30Y) should not be an instrument to speculate on the short-term economy, he says.

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Bill Ackman: Interest rates can and will go higher. (US30Y)

Interest rates can go higher in the short term, said Bill Ackman at the CNBC Delivering Alpha Conference on Thursday.

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Seeking Alpha broke the news in United States on Friday, September 29, 2023.
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