Billionaire investor Stanley Druckenmiller on Monday criticized the Treasury Department’s buyback expansion plan, arguing it represents an artificial attempt to interfere in the bond market. In a Wall Street Journal opinion piece, Druckenmiller noted bond yields dipped after the Treasury Department unveiled the plan on Wednesday but rose back to their previous levels the next...
Billionaire investor Stanley Druckenmiller on Monday criticized the Treasury Department’s buyback expansion plan, arguing it represents an artificial attempt to interfere in the bond market. In a Wall Street Journal opinion piece, Druckenmiller noted bond yields dipped after the Treasury Department unveiled the plan on Wednesday but rose back to their previous levels the next...
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