Unwinding The Yellen Pivot
Macro Guy Channels Druckenmiller
Unwinding The Yellen Pivot
Bloomberg’s Macro Guy Channels Druckenmiller
Authored by Simon White, Bloomberg macro strategist, retitled via ZH
Net T-bill issuance is likely to fall further when Treasury Secretary nominee Scott Bessent takes office.
But that means a greater onus on liquidity-draining bonds to fund the deficit, leaving stocks at increasing ris…