Bill Ackman

US Treasury yields will be meaningfully higher by the turn of the year 2021-22 than in July 2021.

“come the turn of the year, I think we are going to have meaningfully higher yields as people realize the economy is going to make a big recovery.”

Said on

19 July 2021 · CNBC interview

Source

Hedge Fund Titan Who Went Viral for Ranting That 'Hell is Coming' Has a New Prediction: 'Massive' Economic Boom By Fall · Mediaite

Should come true

Jan 2022

How sure they sounded

I think

Categories

MarketsEconomy

Importance

2 of 5 · Direction of US interest rates matters to bond and mortgage markets

Outcome

Accurate Happened 6 January 2022.

The 10-year Treasury yield was about 1.2% around July 19, 2021; by early January 2022 it briefly topped 1.75%, near its 2021 high, a meaningful rise at the turn of the year.

Evidence:

• https://www.bloomberg.com/news/articles/2022-01-06/treasury-10-year-yield-tops-1-75-approaching-2021-high