Billionaire investor: US Treasury buybacks hurt credibility
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 unveiled the plan on Wednesday but rose back to their previous levels the next day....
We haven't written up this one. The Hill has the full story — the link below goes straight to it.
