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

<p>Ackman has been on fire with his views of steadily rising rates.</p><p>From last week:</p><ul><li><a href="https://www.forexlive.com/centralbank/hedge-fund-manager-ackman-expects-even-higher-long-term-us-rates-20230922/" target="_blank" rel="follow" data-article-link="true">Hedge fund manager Ackman expects even higher long term US rates</a></li></ul><p>From months ago:</p><ul><li><a href="https://www.forexlive.com/news/bill-ackman-is-shorting-bonds-20230803/" target="_blank" rel="follow" data-article-link="true">Bill Ackman is shorting bonds – sees a world of persistent circa 3% inflation</a></li></ul><p>Ackman is being interviewed on CNBC:</p><ul><li>
Says shutdown will lead to data shutdown, it will be a dark period</li><li>Inflation will be
persistently high</li><li>30 year treasury can
reach 5%</li><li>Says he decided to
buy Alphabet because the company was cheap</li></ul><ul><li>
“I'm very bullish on Ukraine post-war"</li><li>“Would not be
shocked to see 30-year rates though 5% barrier”
</li><li>Says he could see
10-year yield approach 5% in short term</li><li>“Alphabet is our
second-largest investment”
</li></ul>

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