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Buffett and Ackman take opposing sides on Treasury yields — What does it mean for Bitcoin?

Published 08/07/2023, 01:30 PM
Updated 08/07/2023, 03:00 PM
© Reuters.
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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.

Buffett has been buying short-term Treasury bills, while Ackman has been shorting long-term Treasury bonds. Could both of these investors be right?

U.S. Treasury 1-year yield vs. 20-year yield. Source: TradingView and Cointelegraph
S&P 500 correlation to the U.S. 10-year Treasury yield (50 days). Source: TradingView

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