Bill Ackman says inflation will be persistently high, 10 & 30 year USTs can hit 5%

Ackman has been on fire with his views of steadily rising rates.

From last week:

• Hedge fund manager Ackman expects even higher long term US rates

From months ago:

• Bill Ackman is shorting bonds – sees a world of persistent circa 3% inflation

Ackman is being interviewed on CNBC:

• Says shutdown will lead to data shutdown, it will be a dark period
• Inflation will be
  persistently high
• 30 year treasury can
  reach 5%
• Says he decided to
  buy Alphabet because the company was cheap

• “I’m very bullish on Ukraine post-war”
• “Would not be
  shocked to see 30-year rates though 5% barrier”
• Says he could see
  10-year yield approach 5% in short term
• “Alphabet is our
  second-largest investment”

This article was written by Eamonn Sheridan at www.forexlive.com. Source