Buffett Says He’d Short 30-Year Bond If Could Be Done Easily
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Warren Buffett reiterated his aversion of long-term U.S. debt, joining the choir of prominent investors warning that buyers will get hurt when interest rates rise.
“If I had an easy way, and a non-risk way, of shorting a whole lot of 20- or 30-year bonds, I’d do it,” Buffett said Monday on CNBC. “But that’s not my game, and it can’t be done in the kind of quantity that would make sense for us. But I think that bonds are very overvalued, I’ll put it that way.”